Why Is AMC Entertainment Stock Surging On Monday?

URL has been copied successfully!

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

Share this story:
Share on Facebook
Share by Email
X (Twitter)
Follow Me
Tweet
Whatsapp
LinkedIn
Copy link

This post was originally published here