Stocks

Cinema Stocks Surge as Movies Set to Reopen In NYC at Reduced Capacity By Investing.com

© Reuters

Investing.com – AMC and several other cinema related stocks rallied Monday after New York Governor Andrew Cuomo said that

AMC Entertainment (NYSE:) was up 13%, and Imax (F:), Cinemark Holdings Inc (NYSE:) and National CineMedia Inc (NASDAQ:) were sharply higher. 

Cinemas will be allowed to reopen at 25% capacity, and restrictions will limit moviegoers to no more than 50 per screen, with masks, social distancing and other protocols to remain in place.

 

 

 

 

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