Nearly one year after shutting down because of COVID-19, New York City movie theaters are reopened at 25% capacity.
The much-anticipated, albeit partial, return of Big Apple cinemas — one of the largest movie markets in the world— comes as coronavirus restrictions ease across the United States. IMAX (IMAX) is one theater chain that’s anxious to reap the benefits of the economic recovery. The company smashed earnings expectations in Q4 — driven by strong box office performances across…
Source link
