Why AMC Entertainment Stock Had a Grand 10% Opening This Morning

Shares of movie theater operator AMC Entertainment (NYSE: AMC) jumped in early-morning trading Thursday, after the chain announced the grand reopening of more than 100 of its theaters scheduled for Aug. 20 -- with hundreds more set to reopen in the following weeks. As AMC advised, theater operations will resume "at more than 100 U.S. locations on Thursday, August 20." Approximately 300 more of AMC's theaters will reopen "during the following two weeks."