Why AMC Entertainment Stock Had Another Grand 10% Reopening This Morning

Two weeks ago, movie theater operator AMC Entertainment Holdings (NYSE: AMC) announced plans to reopen "more than 100" theaters on Aug. 20. Last night, the company confirmed that this grand reopening is under way -- and an additional 170 theaters will reopen today.  

AMC stockholders cheered, and by 10 a.m. EDT the stock was already up 9.8%.

Image source: Getty Images.

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Source Fool.com