Why AMC Stock Soared Today

Joe Tenebruso, The Motley Fool
·2 min read
Why AMC Stock Soared Today
Why AMC Stock Soared Today

Shares of AMC Entertainment (NYSE: AMC) surged on Monday after the company said it plans to reopen its theaters in New York. As of 2:06 p.m. EDT, AMC's stock was up 20%. AMC was forced to shutter its movie theaters during the early stages of the coronavirus pandemic.