What happened Going against a market that is largely dropping Tuesday, shares of theater operator AMC Entertainment Holdings (NYSE: AMC) jumped 15% at the market open. Shares gave up most of those gains to remain up about 2% as of 10 a.m. EST. So what After a very volatile month influenced by Reddit chat room retail traders, investors are beginning to be able to see the company in a post-pandemic world. Today's bit of light is the announcement that New York City movie theaters will be able to reopen on March 5, after almost a full year of closures. Image source: Getty Images. Now what After raising nearly $1 billion in capital, AMC president and CEO Adam Aron said in January, "This means that any talk of an imminent bankruptcy for AMC is completely off the table." The company subsequently announced a new equity offering raising another $305 million when shares rose with the Reddit-influenced market moves. At a news conference yesterday, New York Gov. Andrew Cuomo announced New York City theaters can begin opening at 25% capacity on March 5. Theaters will need to assign seating to maintain social distancing, and a maximum of 50 people will be allowed per screening. But with sufficient capital, and another sign of a return toward normalcy, investors are once again paying attention to entertainment stocks like AMC. Today's initial bounce wore off quickly, but as the business returns, investors will continue to be interested in these types of recovery names. 10 stocks we like better than AMC Entertainment HoldingsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and AMC Entertainment Holdings wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 Howard Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source