AMC Entertainment (NYSE: AMC) generated robust revenue growth and a lower-than-anticipated loss in Q1’22 as moviegoers were back in theaters, thanks to some blockbuster movie releases like Spider-Man: No Way Home and The Batman. The COVID-19 pandemic significantly hurt theaters and other entertainment avenues. However, with easing of restrictions and rapid vaccinations, consumers are opening their wallets for movies and other forms of entertainment.   AMC shares were up 2.6% in extended trading hours on Monday, May 9. After being caught up in meme stock frenzy last year, AMC shares are down nearly 54% year-to-date.
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AMC Entertainment (NYSE:AMC)
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