Movie theaters have been suffering during the pandemic, but this may be changing.

Entrepreneur’s New Year’s Guide

Let the business resources in our guide inspire you and help you achieve your goals in 2021.


1 min read


This story originally appeared on Market Beat


For a stock that set an all-time low during the first week of 2021, January is actually turning out to be a pretty ok month for cinema giant AMC Theatres (NYSE: AMC). Investors will be hoping for a return of some kind of stability this year after buckets of volatility last year saw shares whipping up and down.

Related: AMC Offers a Personal Movie Theater Experience for $99

They had to watch the stock fall more than 70% twice in a year as movie theatres found themselves on the front line of the pandemic, while they experienced three triple-digit percentage moves to the north as well. This latest move, which has shares up more than 60% on the month, has been underpinned by the highest daily volume numbers the stock has ever seen. Last week, 770 million shares traded hands, a whopping 5 times and some change higher than the previous record of 145 million set last May.