NEW YORK (Reuters) - U.S. movie theatre stocks are unlikely to continue their blistering run despite a wave of popular first-quarter titles and the expected success of "The Avengers" sequel and "Star Wars" in the coming months. Shares of major names such as AMC Entertainment Holdings, Carmike Cinemas and Cinemark Holdings are all sharply outpacing the broader U.S. stock market. But that success may signal limited room for the shares to rise further, even if company results come in ahead of expectations.
"No one anticipated the box office would do so well in the first quarter, but by now the good news has been priced in," said David Miller, managing director at Topeka Capital Markets in Los Angeles. "It's hard to see further upside from here."