Options trading in AMC shares surged on Monday after the strong opening weekend of Christopher Nolan's film The Odyssey and the company's better-than-expected quarterly earnings. Over 300,000 options contracts changed hands, and share volume was nearly 4.5 times Friday's level, as retail investors known as apes piled back into the stock. AMC posted $1.6 billion in revenue, a 14.2% increase from a year ago, beating analyst estimates of $1.47 billion. The Odyssey drew 4.3 million people to AMC theaters over the weekend, with IMAX screens representing just 8% of the chain's total but generating more than 50% of the film's ticket gross. CEO Adam Aron expressed optimism for the rest of 2026, citing upcoming releases like Spider-Man: Brand New Day, Dune: Part Two, and Avengers: Doomsday, and predicted the strongest post-pandemic year yet for movie theaters.
AMC Entertainment Holdings IncStrong opening weekend of The Odyssey with 4.3 million attendees and better-than-expected earnings of $1.6B revenue, beating estimates.