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  4. Movie-Goers Return to Theaters Amid Summer Blockbusters, $3 Tickets
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Movie-Goers Return to Theaters Amid Summer Blockbusters, $3 Tickets

By Liz Moyer AiVIF.com -- People returned to movie theaters in droves this summer to take in blockbusters such as Tom Cruise’s Top Gun: Maverick, which is currently the top...
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Movie-Goers Return to Theaters Amid Summer Blockbusters, $3 Tickets © Reuters

By Liz Moyer

AiVIF.com -- People returned to movie theaters in droves this summer to take in blockbusters such as Tom Cruise’s Top Gun: Maverick, which is currently the top film of the year.

Demand has pushed ticket sales to $5.2 billion for the year, according to movie-industry tracking website BoxOfficeMojo, the best year-to-date since the pandemic.

This Saturday, to reward movie-goers more than 3,000 theaters with more than 30,000 screens will sell tickets for $3 each, sponsored by the Cinema Foundation, which is a non-profit group of the National Association of Theater Owners.

Participating theaters include AMC Entertainment Holdings Inc (NYSE:AMC) and Cineworld Group's (LON:CINE) Regal. Both theater chains have been in the news lately for other reasons.

Last week, Cineworld said it would consider bankruptcy among its options as it explores ways to shore up its liquidity. Though movie ticket sales are improving, the fall film release calendar is light until November, and that is putting pressure on theater operator results.

Meanwhile, AMC, the largest chain operator, started trading a class of preferred shares last week, another way to raise cash if need be.

Wedbush analyst Michael Pachter has cut his price target on AMC stock to $2 from $4 with an underperform rating. Film exhibition is returning to normal, he said in a recent note, but the volume of the content is still not as robust as it was before the pandemic. AMC has the cash to weather a two-month slump, he said, and put it in a good position for the fourth quarter and next year.

Shares of AMC rose 2.5% and are down 65% this year, while shares of Cineworld are down 92%.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

EUR/USD

1.0658

-0.0008 (-0.07%)

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↑ Sell

Moving Avg:

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Buy (2)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Indicators:

Buy (9)

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AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (10)

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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↑ Buy

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Gold Futures

2,295.80

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Silver Futures

26.677

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Copper Futures

4.5305

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Crude Oil WTI Futures

81.14

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Brent Oil Futures

85.62

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US Coffee C Futures

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Euro Stoxx 50

4,920.55

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S&P 500

5,035.69

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DAX

17,921.95

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FTSE 100

8,144.13

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Hang Seng

17,763.03

+16.12 (+0.09%)

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US Small Cap 2000

1,973.05

-42.98 (-2.13%)

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IBEX 35

10,854.40

-246.40 (-2.22%)

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BASF SE NA O.N.

49.155

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Bayer AG NA

27.35

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Allianz SE VNA O.N.

266.60

+0.30 (+0.11%)

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Adidas AG

226.40

-5.90 (-2.54%)

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Deutsche Lufthansa AG

6.714

-0.028 (-0.42%)

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Siemens AG Class N

175.90

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15.010

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
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Cập nhật 01-05-2024 10:45:19
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ↀ Giá vàng thế giới
$2,285.72-47.5-2.04%
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Sản phẩmVùng 1Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
DO 0,001S-V21.32021.740
Dầu hỏa 2-K20.68021.090
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Brent$85.50+3.860.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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