AMC Stocks rising in 2021

Photo courtesy of abcnews.com

AMC stock went up 1100% this year going up $230.5 million selling 8.5 million shares due to the “meme stock frenzy.”

With the continuous increase in vaccinated americans there are more and more people able and willing to visit movie theaters. “A Quiet Place Part II” raised $48.4 million over memorial day weekend which is a record since the pandemic began. Hollywood was watching how this film did as an indicator of how this summer’s movies will do in theaters with In the Heights, F9, and Black Widow coming to theaters.

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