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AMC stock soars on record-breaking Avengers: Endgame ticket pre-sales

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AMC Entertainment Holdings Inc (NYSE:AMC) shares got a lift Thursday from Iron Man, The Incredible Hulk, Thor, Captain Marvel and a host of other heroes. Even Thanos pitched in.

The movie theater chain announced first-day sales for Avengers: Endgame that stormed to a new US pre-sale record, topping Star Wars: The Force Awakens.

AMC sold more advance tickets for Endgame on day one than it did for Avengers: Infinity War, Black Panther, Captain Marvel and Star Wars: The Last Jedi on their first days combined.

Investors are punching their tickets, raising the share price 1% to $14.76.

Fandango, the online movie ticket vendor is also seeing a benefit. Comcast Corp (NASDAQ:CMCSA), which owns NBCUniversal and its majority stake in the vendor, saw its stock rise 0.7% to $40.53.

Avengers: Endgame hits theaters on April 26.

Story by ProactiveInvestors


Source: https://www.proactiveinvestors.com/companies/news/217990/amc-stock-soars-on-record-breaking-avengers-endgame-ticket-pre-sales-217990.html


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