AMC Entertainment Holdings is trading 4.55% up now at $2.65 after Paramount pledged to release at least 30 films annually in theaters as part of its Warner Bros. merger effort.
- The commitment signals a steadier movie supply for cinema operators.
- The move extends the positive reaction from August 12, when shares closed at $2.53, up 5.42%.
- Broader risk-on markets may provide additional support, with the Nasdaq up 0.84%.