Why AMC Entertainment Shares Hurdled 10% Higher Today

Why AMC Entertainment Shares Hurdled 10% Higher Today

Shares of AMC Entertainment Holdings (NYSE: AMC) are off to the races again, jumping 10% in morning trading Monday as investors try to ignite excitement in the stock, as occurred back in January. AMC investors, who may be trying to replicate those gains, have at least a little more to hang their hats on. Although the theater operator walked along the precipice of bankruptcy until it was bailed out by its lenders, AMC did see fit to award management some $8.3 million in bonuses.