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

Proactive Investors 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.
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News video: Avengers: Endgame Ticket Pre-Sales Blow Out All Records

Avengers: Endgame Ticket Pre-Sales Blow Out All Records 01:03

Make sure you claim your seat for the opening weekend.

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