Why Is AMC Entertainment Stock Surging On Monday?

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AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher on Monday. The surge comes just one day before the theater giant reports its first-quarter earnings on Tuesday.

Netflix Partnership Hits High Gear

The rally follows a Saturday announcement from CEO Adam Aron regarding a landmark deal with Netflix Inc (NASDAQ:NFLX).

Aron revealed the streaming giant authorized a wide global release for Greta Gerwig’s Narnia on Feb. 12.

Crucially for investors, the film will carry a traditional 49-day exclusive theatrical window.

Aron noted on X, “It should not be lost on anyone the significance of Netflix trying …

Full story available on Benzinga.com

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