romaine: we will get some commentary from alicia reese from wedbush securities. that's coming up after the break. this is bloomberg. ♪ romaine: about a year ago at this time, we got chatter about gamestop. the media could not get enough. that has faded from our consciousness but we are talking about it today. amc has fallen through the back half of the year but has been supported by retail investors. the movie business still under pressure. the ceo of one cinema chain stopped by to give his thoughts on the business. >> june, we had a very impressive october, which generated for the whole group something like 90% revenue of the same month in 2019. november was also good. we have not got the final numbers yet. we are looking at very promising -- at a very promising december. taylor: for more on what the shift in this industry means for amc, one of the classic meme stocks, alicia reese, analyst at wedbush securities. we have been talking about maybe getting down to good old fundamentals and we are thrilled we can do that with you, a traditional securities analyst. w

cinemark down over 10.5% and imax down over 9% year to date alicia reese of webbush, buy rating of cinemarkup demand for high-quality content, particularly from younger people who don't feel as threatened by the virus. she points to evidence in ticket presales for spiderman no way home out two weeks from tomorrow cinemark on tuesday announced the film has the second biggest advance ticket sales of all time just behind marvels agenvengersn game imax and cinemark are oversold he does warn saying, quote, longer-term though there are still a lot of questions about the pace of the box office recovery and if that recovery moves at a slower than anticipated pace in 2022 will studios reverse course and return to hybrid window releases in addition to spiderman this christmas westside story and sing 2, those two films will be exclusively in theaters and matrix resurrection, highly anticipated sequel, that film will be simultaneously in theaters and on hbo max. so, guys, a lot of those familiar franchises draw audiences back into theaters and whether those omicron fears keep people at home guys >> int