AMC Entertainment (NYSE:AMC) shares are trading higher on Thursday after the company said it will resume theatre operations at more than 100 U.S. locations on Aug. 20 and an additional 300 are expected to open during the following two weeks.

AMC Entertainment is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides best-in-class amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation.

AMC Entertainment shares were trading up 7.33% at $4.98 on Thursday during the time of publication. The stock has a 52-week high of $12.13 and a 52-week low of $1.95.