FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “AMC Entertainment Set to Reopen all NYC Theaters”
AMC Entertainment (NYSE: AMC) gained just over 7% in premarket trading on news that it will reopen all 13 of its theatres in New York City beginning March 5.
The company announced its intentions after New York Governor Andrew Cuomo gave the green light on Monday, with cinemas set to reopen at 25% capacity with no more than 50 people per screen, masks, social distancing and other protocols.
AMC is the largest movie exhibition company in the United States, the largest in Europe and the Middle East, and the largest throughout the world with approximately 1,000 theatres and 10,700 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming.
For more information, please visit: AMC Entertainment Holdings Inc.
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