'Batman' fans help lift AMC results; shares rise 5%

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'Batman' fans help lift AMC results; shares rise 5%
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AMC Entertainment posted better-than-expected quarterly revenue and a narrower loss on Monday, as the release of big-ticket films such as 'The Batman' drew crowds to movie halls, driving a surge in box-office collection at the world's largest theater chain.

posted better-than-expected quarterly revenue and a narrower loss on Monday, as the release of big-ticket films such as "The Batman" drew crowds to movie halls, driving a surge in box-office collection at the world's largest theater chain.

Theater chains are working extra hard to attract moviegoers as they go head-to-head with deeply funded streaming services, whose fount of content kept most people entertained during lockdowns.

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