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Barchart
Aanchal Sugandh

AMC Just Had a Record Box Office Weekend. Does That Make AMC Stock a Buy?

On May 27, AMC Entertainment (AMC), the leading movie theater chain, witnessed a surge of 23.8% in its share price. The spike followed AMC’s announcement of a historic Memorial Day weekend performance. Over 7 million moviegoers flocked to AMC theaters from Thursday through Monday, marking AMC’s third-best revenue performance in over a decade.

Lilo & Stitch dominated with $183 million over the four-day weekend, while MISSION: IMPOSSIBLE – THE FINAL RECKONING secured $77 million. Final Destination Bloodlines grossed $23.9 million, Thunderbolts* added $11.8 million, and Sinners garnered $11 million.

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