AMC stock soars on record-breaking Avengers: Endgame ticket pre-sales
Thursday, 4 April 2019 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.
After three weeks in the top spot, Avengers: Endgame, has now passed Avatar to become the second highest grossing film ever in the United States and Titanic to become the second-highest grossing film..
Credit: Wochit Entertainment Duration: 00:46Published
Avengers: Endgame’s worldwide earnings are now at $2.615 billion, around $170 million behind Avatar, the biggest movie in the history of cinema. …read more... Filmy Friday Also reported by •Business Insider •WorldNews
· Warning: Major spoilers below if you have not seen "Avengers: Endgame."
· "Avengers: Endgame" editors Jeffrey Ford and Matthew Schmidt look back on the... Business Insider Also reported by •The News Articles