Cineworld cruises higher as Top Gun: Maverick breaks box office records
Cineworld Group
0.38p
08:19 28/07/23
0.00%
0.00p
Cineworld shares surged on Monday, with traders pointing to the fact that Top Gun: Maverick has broken box office records in North America.
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Over the Memorial Day weekend, the sequel to the 1986 action drama starring Tom Cruise and Val Kilmer raked in $124m from just over 4,730 theatres.
So far, the film - which had been due for release in June 2020 but was delayed several times due to Covid restrictions - has taken $248m globally.
At 1550 BST, the shares were up 18% at 29.17p.