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Benzinga
Benzinga
Business
Henry Khederian

With Q2 Earnings On The Horizon, AMC's Box Office Comeback Comes Into Focus

AMC AMC Entertainment Adam Aron Entertainment
New,York,,Usa,-,September,14,,2023:,Amc,Sign,Near

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading marginally higher Thursday morning as investors digest recent company announcements and a key analyst upgrade ahead of its second-quarter earnings report.

What To Know: The positive momentum follows a July 11th upgrade from Wedbush, which raised its rating on AMC to Outperform and increased its price target to $4. The analyst cited a stronger film slate, market share gains from its premium screen offerings and improved box office performance.

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