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Netflix Covid-19 pandemic vaccine

AMC, Disney Shares Surge on Promising COVID-19 Vaccine News

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thewrap.com
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Also Read: Disney+ Turns 1: What Worked and What Didn't for Netflix's Biggest RivalAMC shares, on the other hand, surged 44% on the vaccine news, hitting $3.59 per share.

Last month, AMC executives said the company — the largest theater chain in the U.S. — could run out of cash by early 2021, as theaters have struggled to remain open due to the pandemic and a dearth of new Hollywood releases.

A vaccine, obviously, would reinvigorate its business.Disney’s shares jumped nearly 10% to $139.93  an hour into trading. The company has struggled since March, as the pandemic has kept Disneyland shuttered and big-budget movies from releasing.

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Netflix Covid-19 pandemic vaccine
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