Beyoncé’s Renaissance Film Announcement Raises AMC Stock

Beyoncé’s new film Renaissance: A Film By Beyoncé boosted AMC’s stock.

The US movie theater chain’s stock rose by 1.5 percent.

Forbes reported shares rose during premarket trading on October 2nd after the entertainment holdings company announced it would distribute Beyoncé’s concert film.

According to Forbes, the film will be released in the U.S., Canada, and Mexico on December 1st. The outlet mentioned an interesting aspect of the movie theater showings.

LOS ANGELES, CA – MARCH 27: In this handout photo provided by A.M.P.A.S., Beyoncé performs during the ABC telecast of the 94th Oscars® on Sunday, March 27, 2022 in Los Angeles, California. (Photo by Mason Poole/A.M.P.A.S. via Getty Images)

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