People are going back to the movie theaters, but still not back to pre-Covid levels. "Top Gun was a big blockbuster that brought viewers in the summer. Due to the lack of blockbusters in the last 3 months, move theater visits are down. However, during the Thanksgiving and holiday season, that could change," says Chad Beynon. Macquarie has an underperform rating on the AMC Entertainment (AMC) stock.
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