RDI - Amid California restart AMC logs fifth straight weekly gain

With [[AMC]] theaters reopening across California today - which brings its U.S. locations to 98% open, if capacity-limited - the stock closed the week with its fifth straight weekly gain, up 25.5% for the week. Shares in the U.S. cinema leader haven't had a weekly decline since the week of Feb. 8-12, when they declined 18.2%. (That of course followed the prior week when they fell 48.5%, and the week before that when they gained 278%. Recent moves seem almost mellow in comparison.) Over the five weeks of gains the stock is up 150%, and it's marked the longest run of weekly wins since its last streak broke in August. And AMC's Reddit-stock status is secure, up 560% YTD. On Jan. 4, the stock closed at $2.01; today it wrapped up at $13.93. Meanwhile, despite the challenges that AMC has faced in the year of (nearly) no revenue, it and its larger-chain peers

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Amid California restart, AMC logs fifth straight weekly gain