AMC Entertainment Holdings (NYSE:AMC) shares climbed almost 5% after the cinema chain reported a blockbuster opening weekend for the musical film Wicked: For Good, generating approximately $226 million globally, including $150 million in the US and Canada.
The film marked AMC’s biggest opening weekend for a PG- or G-rated movie since early 2023 and drove significant growth across admissions, food and beverage, merchandise sales, and special event attendance, the company said.
AMC reported that more than 4.5 million guests visited its theaters worldwide during the week of the film’s release, with roughly two-thirds attending Wicked: For Good.
In the US and Canada, AMC captured all of the top seven theaters for admissions revenue. The film also set a record as AMC’s top opening-weekend merchandise program of 2025.
Additionally, AMC’s “Wicked Double Feature” on November 20 became the company’s highest-attended double feature of the decade.
“When a film offers spectacle, emotion, and memorable storytelling, guests regularly choose AMC to experience it,” AMC CEO Adam Aron said in a statement. “Our state-of-the-art presentation, wide range of premium formats, committed theatre teams, and inspired merchandise programs all contributed to fans being able to fully engage beyond measure with the world of Wicked.”
AMC shares traded at $2.30 on Tuesday afternoon, down 42% so far this year.