It would be easy to think that the catastrophic box office numbers out of Memorial Day weekend would prompt a substantial slide in share prices for companies that depend on those numbers, like beleaguered theater chain AMC (NYSE:AMC). That proved anything but the case, as shares were up over 4% in Tuesday afternoon’s trading despite calamity in sales and some brewing distress from patrons.
Memorial Day movie ticket sales were a disaster, noted reports. In fact, the numbers revealed were some of the worst box office figures for a Memorial Day weekend since the 1990s, reports noted. While hopes were high for the “Mad Max” tie-in “Furiosa,” as well as the latest attempt at “The Garfield Movie,” neither could produce a significant win. While “Furiosa” managed to tip the scale at $32 million, that was actually the single-worst Memorial Day weekend number one performance since all the way back in 1995. That was when…
