Page 46 - Eric Wold News Today : Breaking News, Live Updates & Top Stories | Vimarsana

So what B. Riley Securities analyst Eric Wold lifted his rating on the movie theater company's stock from neutral to buy. He sees AMC's share price rising to $13, or roughly 23% higher than its closing price of $10.61. Investors bid up AMC's stock price Monday. Image source: Getty Images. Wold's upgrade came after the strong opening weekend performance of Godzilla vs. Kong. The movie racked up $48.5 million in domestic box office receipts, despite many theaters operating at significantly reduced capacity due to COVID-19 prevention measures. This compared favorably with the previous Godzilla ...

Noam Galai/WireImage A moviegoer enters the AMC Lincoln Square 13 movie theater on March 05, 2021 in New York City. The impressive $48.1 million domestic bow signals pent-up demand for moviegoing, but studio insiders caution against seeing a day-and-date release as the norm. The debut of Legendary and Warner Bros.’ Godzilla vs. Kong on HBO Max on March 31, the same day the big budget pic opened in theaters, became an afterthought when the monster showdown roared to a $48.1 million opening at the domestic box office, by far a pandemic best and providing a huge jolt of confidence for the th...

Experts say "Godzilla vs. Kong's" pandemic-best opening shows promise for theaters, but urge caution.  The movie was also a hit on HBO Max, but WB plans to abandon day-and-date releases after this year. Still, a studio exec said WB is in talks with exhibitors to shorten the theatrical window. After more than a year, the US theatrical industry finally had some good news. "Godzilla vs. Kong," the new monster battle royale from Warner Bros. and Legendary's "MonsterVerse," earned $48.5 million at the domestic box office in its first five days, and $32.2 million over the three-day Easter weekend ...

Meme stock AMC Entertainment Holdings Inc (NYSE: AMC), which has had a volatile ride amid the WallStreetBets phenomena, is advancing strongly ...

'Godzilla vs. Kong' "Consumers want to leave the house and return to the theater," says B. Riley's Eric Wold, wondering if the tentpole's theatrical success could be "possibly an indication that Warner Bros. made the wrong decision" with its hybrid release strategy for its 2021 slate. Godzilla vs. Kong "destroys lingering concerns around theatrical window importance and demonstrates a solid path to resurgence" for cinema operators, B. Riley Securities analyst Eric Wold argued in a report on Monday. He also upgraded his rating on shares of AMC Theatres from "neutral" to "buy" and raised his ...