US stocks close higher as coronavirus stimulus talks advance
Stocks also rose after Moderna CEO said the company’s coronavirus vaccine could be available for emergency use in December
Company
NYSE:AMC
AMC (NYSE: AMC) is the largest movie exhibition company in the U.S., in Europe and throughout the world with 1,014 theatres and 11,169 screens across the globe. AMC operates among the most productive theatres in the United States’ top markets, having the #1 or #2 market share positions in 22 of the 25 largest metropolitan areas of the United States, including the top three markets (NY, LA, Chicago). Through its Odeon subsidiary AMC operates in 14 European countries and is the #1 theatre chain in Estonia, Finland, Italy, Latvia, Lithuania, Spain, Sweden and UK & Ireland.
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Stocks also rose after Moderna CEO said the company’s coronavirus vaccine could be available for emergency use in December
Investments and investor services
Other small-caps making moves include GT Gold, Workhorse and Cronos Group
The movie theater chain posted a loss of $1.21 per share, a bigger hit than the $0.54 loss analysts expected
The theater chain set single-day records in ticket and concession sales
Investments and investor services
AMC sold more tickets for Endgame on day one than Avengers: Infinity War, Black Panther, Captain Marvel and Star Wars: The Last Jedi combined
Analyst Michael Pachter predicted the soon-to-be demise of MoviePass’ subscription service
CEO 'couldn't be more excited about the prospects for the year' thanks in part to success of 'Avengers: Infinity War'
Saudi Arabia lifts a 35-year ban on cinemas and gives its citizens the right to watch movies in public
The acquisitions of Odeon Cinemas, Carmike Cinemas and Nordic Cinema Group helped to drive record admissions and concessions revenues in the final three months of 2017
As Wall Street indexes struggled to head to a "leap year close" to end the month higher than January, Consol Energy bucked the trend