AMC Entertainment Holdings (NYSE:AMC) shares have been buoyed by the news that Taylor Swift’s concert film has surpassed $200 million in global box office.
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Traditionally, the biggest weekends for domestic ticket sales have been dominated by one film, with the past weekend proving an anomaly fueled by the Barbenheimer phenomenon.
AMC Entertainment s chief executive officer on Sunday said the company filed a revised petition for a stock conversion plan that would allow the company to issue more shares..