By Jill Goldsmith Exhibitors led entertanment shares Monday, popping higher in a mixed market as an analyst removed a ‘sell’ rating on AMC Entertainment.
Imax led the group, up 8% in late moring trade. AMC had gained more than 5%. National Cinemedia, which sells in-theater advertising, is seeing gains of more than 4%.
and Cinemark’s changing hands up 1.3%. The Dow Jones Industrail Average, meanwhile, has pared its earlier losses but is still in negative territory.
In a mornign note, B. Riley FBR analyst Eric Wold upgraded AMC Entertainment to ‘neural’ from ‘sell’ saying he’s increasingly confident the world’s biggest theater chain can avoid bankruptcy during the coronavirus shutdown.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.