AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading slightly lower Monday, but the stock is up nearly 25% over the last month. What's going on?

"Minions: The Rise of Gru" came in second this weekend with $45.5 million, while “Top Gun: Maverick” took the third spot in its seventh week of theatrical release with $15.5 million.

AMC announced on Monday that it achieved its busiest weekend of 2022 from July 7 to July 10, both domestically and globally. Domestically, AMC's admissions revenue was up 14% compared to 2019. The company's international theaters and global admissions revenue outpaced 2019 by 12%.

"Unlike previous busy weekends where the attendance was driven by a single title, AMC's busiest weekend was driven by strong depth among summer blockbusters," the company said.

AMC announced last week that it will report its second-quarter financial results after the market closes on Aug. 4.

See Also: Wen Pounce? AMC Entertainment CEO Hints At Crushing Short Sellers: Here's When The Squeeze Could Be On

AMC Price Action: AMC has traded between $52.79 and $9.70 over a 52-week period.

The stock was down 1.81% at $14.40 at press time, according to data from Benzinga Pro.

Photo: Dave Dugdale from Flickr.