Cinema stocks climb on strong box office trends

Investing.com -- Shares of major movie theater chains rose on Monday, driven by strong recent box-office performance.

AMC Entertainment gained 8.5%, while Canada's Cineplex rose 4.6%, Imax added 2.9%, and National CineMedia rose 1.3%.

Bloomberg Intelligence noted that the recent box office has shown "solid performance across the diverse slate," with Project Hail Mary and Hoppers among the titles with robust ticket sales.

You May Also Be Interested In

• Lockheed Martin wins $2.8B in Defense contracts for F-35, helicopters
• TechCreate Group faces NYSE American delisting proceedings
• Circle board member resigns after nearly 13 years of service