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Shares of AMC Entertainment Holdings, Inc. (AMC) rise after Covid-19 restrictions relax

The share prices of AMC Entertainment Holdings, Inc. (AMC) were up 1.64% from the close of the market on May 14, 2021, bringing the price per share to USD 12.98 at the end of the trading day. Subsequent swings ahead of the market saw the price rise an additional 3.93%, bringing it to $ 13.49.

At the end of the first quarter of fiscal year 2021, which ended March 31, AMC reported that 585 domestic theaters were in operation. Each theater had a limited capacity ranging from 15% to 60%, representing almost 99% of all domestic theaters. On the same date, the company reported operating 97 internationally rented and partnership theaters. These too had a limited seating capacity, varying from 15% to 60%, and represented about 27% of the international theaters.