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Benzinga
Benzinga
Business
Adam Eckert

Why AMC Entertainment Stock Is Moving Higher Today

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher Tuesday after the company reported better-than-expected financial results.

AMC Entertainment reported first-quarter revenue of $785.7 million, which was up from $148.3 million year-over-year and beat the estimate of $736.23 million, according to data from Benzinga Pro. The company reported an adjusted loss of 52 cents per share, which beat the estimate for a loss of 63 cents per share. 

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