AMC Entertainment

AMC said extraordinarily high demand for Dune: Part Three, especially for IMAX and popular locations, briefly slowed and glitched its online ticketing systems after tickets went on sale. Outage reports on Downdetector spiked with users experiencing app crashes, “Failed to fetch” and rate limit errors; traffic was roughly triple that of the Spider-Man: Brand New Day launch. App performance largely improved about an hour after release, while IMAX 70mm tickets have already appeared on resale sites at elevated prices. » More on forbes.com

AMC posted record revenues thanks to strong demand for premium screenings and higher average prices. The industry is seeing rising revenues but is selling far fewer tickets than before the pandemic, as audiences now only go to cinemas for event films. The success is concentrated in a few blockbusters and major studios, making the industry vulnerable and already prompting regulatory pushback. » More on n-tv.de

AMC stock rose 8.2% in premarket trading after the company recorded its strongest five-day revenue period ever, driven by the global release of "Spider-Man: Brand New Day." More than 10.2 million visitors in US and ODEON cinemas, along with record ticket and concessions sales, significantly boosted revenue and theater occupancy. The film posted a $927 million worldwide debut, and the strong weekend turnout further strengthened growth expectations for the summer business. Analyst reactions, including a price-target increase from Wedbush and positive quarterly results, helped push the stock toward its 52-week high. » More on de.investing.com