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AMC and Cinemark Shares Surge Amid Record Thanksgiving Attendance

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Source: Benzinga
AMC and Cinemark Shares Surge Amid Record Thanksgiving Attendance
Photo: Benzinga
TL;DR

AMC Entertainment shares rose after the company reported record-breaking attendance and revenue during the Thanksgiving holiday period. Over 8 million moviegoers visited AMC theaters, driven by strong performances from films like "Moana 2," "Wicked," and "Gladiator II." This surge led to the highest attendance and revenue figures for Thanksgiving and Black Friday in AMC's history, boosting investor confidence and increasing the stock price by 3.54%.

Topics:entertainmentbusiness#amc-entertainment#box-office#business#movie-attendance#stock-market#thanksgiving
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  1. AMC Entertainment Stock Is Rising Monday: What's Going On?  Benzinga
  2. Movie Theater Stocks Rise After Record-Setting Thanksgiving Feast  Deadline
  3. ‘MoGlicked’ weekend powers AMC, Cinemark shares higher on record attendance  MarketWatch
  4. Movie magic draws record crowds to local cinema during Thanksgiving week  WNEP Scranton/Wilkes-Barre
  5. AMC Theatres® Welcomes More Than 8.8 Million Moviegoers Worldwide Wednesday Through Sunday – In the U.S., AMC Sets Thanksgiving Holiday Period Records for Attendance, Admissions Revenue, Food and Beverage Revenue, and Total Revenue  AMC Entertainment Holdings, Inc.

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