AMC Entertainment’s stock continued to rally on Wednesday, with the cinema chain seeing its share price jump 60%.
The meteoric rise of AMC Entertainment’s stock continued on Wednesday morning, with the nation’s largest cinema chain seeing its share price jump another 60% during the first two hours of trading. The jump pushed AMC’s stock to $51.35 per share. For reference, AMC opened the year at $2.01 per share and needed to raise $917 million just to survive the pandemic “winter,” as the company put it.
