AMC Entertainment stock rises as IMAX reveals third-quarter profits.

During Thursday’s trading session, NYSE:AMC gained 1.35 percent.
IMAX, a competitor, discloses results and a unique cooperation.
On Thursday, meme stocks began to soar again.

NYSE:AMC Apes are anticipating AMC’s earnings release next week as the business attempts to maintain its comeback from the COVID-19 outbreak. During Thursday’s trading session, AMC’s stock rose 1.35 percent, closing at $35.23.AMC has reclaimed the critical 200-day moving average, indicating that, despite a rough month in September, the stock has been going upward in the long run. Following a gloomy day on Wednesday, AMC surged up alongside the broader markets, with all three main US indexes closing in the green on Thursday. Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) both missed consensus projections during their earnings calls after the closing bell on Friday, putting the markets on edge.

IMAX (NYSE:IMAX), one of AMC’s competitors, posted profits on Thursday, with quarterly revenues up 52 percent year over year.

This suggests that, despite the persistent danger of COVID-19, audiences are coming back to cinemas. In addition, IMAX said that it is in active talks with top…