Wedbush bullish on AMC and Cinemark as industry recovers, movie releases stabilize

4 hours ago 1

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Tero Vesalainen

Wedbush upgraded movie theater operators AMC Entertainment (NYSE:AMC) and Cinemark (NYSE:CNK) to "outperform" from a previous investment rating of "neutral," as both companies stand to benefit from a more "consistent release slate over the next several quarters."

AMC shares are up

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