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

AMC sold more tickets for Endgame on day one than Avengers: Infinity War, Black Panther, Captain Marvel and Star Wars: The Last Jedi combined

Drawing of Captain America, Iron Man, Thor and The Hulk
The movie theater chain announced first-day sales for Avengers: Endgame that topped the previous record holder, Star Wars: The Force Awakens

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 2.2% to $14.94.

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 0.3% to $40.40.

Avengers: Endgame hits theaters on April 26.

Quick facts: AMC Entertainment Holdings

Price: 4.78 USD

NYSE:AMC
Market: NYSE
Market Cap: $522.55 m
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