AMC Entertainment reported a remarkable performance over the Memorial Day weekend, setting records for admissions, food and beverage revenue, and total revenue. The theater chain welcomed 7 million moviegoers, leading to a significant boost in its stock prices, which soared by 24%. The box office boom not only benefited AMC but also caused movie theater stocks to rise overall as studios hope this trend indicates a successful summer ahead. Analysts project a $350 million domestic box office for the holiday weekend, marking attendance records and a potential turning point for the industry.