AMC, IMAX, NCMI, CNK: Box Office Rebound In Theater Stocks

AMC Entertainment (AMC) is estimated to at least maintain 22% market share if not expand with a vast network of premium large format screens, notes Alicia Reese. She discusses how markets mixed as investors gauge congressional reaction to the debt ceiling. She talks about what the Memorial Day weekend box office means for movie theater chains. The top grossing Memorial Day films include The Little Mermaid, Fast X, Guardians of the Galaxy Vol. 3, The Super Mario Bros, Movie, and The Machine. She talks about how Wedbush has an outperform rating on IMAX Corp. (IMAX). She then goes over what a box office rebound means for National CineMedia (NCMI). Finally, she looks at trends to watch in movie theater stocks including IMAX, NCMI, AMC, and Cinemark (CNK). Tune in to find out more about the stock market today.