Spider-Man: Brand New Day’s $195 Million-Plus Opening Projection Draws Attention to Theater Stocks

Spider-Man: Brand New Day is not expected to have a significant impact on key U.S. indices. However, the release may spark a brief, sharp reaction among cinema-related shares.

AMC Stock Rises as Summer Box Office Set to Test Theater Chain

AMC Stock Rises as Summer Box Office Set to Test Theater Chain

AMC Entertainment Holdings shares finished up 9.5% Friday at $1.73, logging their biggest gain of the holiday-shortened week. Volume picked up too, with 39.4 million shares traded, nearly double Thursday’s 19.2 million. AMC closed near the upper end of its $1.55-to-$1.79 session range. The stock is still far from its 52-week high at $3.60. U.S. markets were closed Monday for Memorial Day.