Richard Levine | Corbis | Getty Images
The AMC 25 and Regal Cinemas on 42nd Street in Times Square in New York.
Shares of AMC Entertainment skyrocketed more than 10% Monday, thanks to strong demand for “Avengers: Endgame” tickets and renewed confidence behind the company’s subscription program.
“Avengers: Endgame” crushed Fandango’s first-day U.S. sales record within the first six hours of presales. And on Atom Tickets, the film has sold three times more tickets in the first hour of sales than “Infinity War” did last year. It set a record on the site for the best first hour of presales.
“AMC announced that advance ticket sales have already surpassed the combined first day sales from ‘Avengers: Infinity War’, ‘Captain Marvel,’ ‘Black Panther’ and ‘Star Wars: The Last Jedi,'” he said.
Also coming to theaters this summer is “Toy Story 4,” “The Lion King,” “Godzilla: King of Monsters,” “Aladdin,” “Spider-Man: Far From Home,” “Detective Pikachu” and “Hobbs and Shaw,” among others.
Disclosure: Comcast is the parent company of NBCUniversal and CNBC. Fandango is owned by Comcast. NBCUniversal is the distributor of “Hobbs and Shaw.”
