AMC and Cinemark Theaters' Stock Surges Following News of COVID-19 Vaccine

Finally, after months of proselytizing about the "end of filmgoing as we know it," movie fans and the theater industry have gotten a taste of good news as theater stocks surged this morning. Today's announcement of a 90 percent effective COVID-19 vaccine manufactured by Pfizer -- a turning point in fighting the pandemic -- seems to have inspired optimism; some day soon, people will want to be packed into confined, poorly ventilated spaces once more. After warning investors in mid-October that it...