Cinemas Surge as Movies to Reopen In NYC at Reduced Capacity By

© Reuters

By Yasin Ebrahim – AMC and several other cinema related stocks rallied Monday after New York Governor Andrew Cuomo said that movie theaters in the city

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.





Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

Your Donation

Source link

Back to top button