AMC Entertainment shares surge after record Memorial Day weekend revenues
- AMC Entertainment's shares increased by over 22% after record Memorial Day revenues.
- Trading volume surged, surpassing double the 30-day average.
- The positive trend indicates potential recovery for the theater industry.
In the United States, AMC Entertainment experienced a significant rise in its stock price, climbing over 22% as of midday trading on Tuesday, May 27, 2025. This surge was attributed to the company setting a new record for revenues during the Memorial Day weekend, fueled primarily by the popularity of live-action films such as Lilo & Stitch and Mission: Impossible – The Final Reckoning. The trading volume was notably heavy, exceeding double the average volume of 8.6 million shares over the past 30 days. The increase in revenue and stock prices is particularly important for AMC Entertainment as the company has struggled in recent times due to the effects of the COVID-19 pandemic on the film industry, which led to theater closures and decreased attendance. The positive performance over the Memorial Day weekend could signify a rebound in the company’s fortunes as consumers are increasingly returning to theaters for blockbuster releases. COO Abhishek Dalmia's disclosure of purchasing 50,000 shares added a layer of confidence to investors. In addition to AMC, other companies also reported stock movements during the trading session. Shares of companies like Wingstop and Nvidia experienced positive gains, with Wingstop climbing 4% due to an upgrade from analysts. Meanwhile, Nvidia's stock increased by 3% following news of their intention to launch a new Blackwell chip aimed exclusively at China. Informatica also saw a 6% increase after announcing its acquisition by Salesforce, indicating a busy trading day across various sectors. Investors are keeping an eye on the shifting dynamics in various companies amidst a post-pandemic recovery phase for the entertainment industry. AMC's record-breaking revenue weekend suggests a growing appetite among consumers for theatrical experiences, and this could pave the way for more successful releases in the future. The overall stock market movements today reflect a mix of optimism and caution as market participants react to differing corporate performances.