IMAX

IMAX Corporation (IMAX) shares are up over 16% since late July.

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Imax shares hit an all-time high Monday. The move came after the company posted its third weekend in a row of more than $50 million in global ticket sales.

“We are all witness to history with Christopher Nolan's ‘The Odyssey,' which seems intent on shattering all IMAX box office records in its path as its journey at the box office and around the world continues,” Gelfond said. “[The film] is a singular achievement in filmmaking and its box office trajectory is no less groundbreaking: it continues to defy gravity in a way few films ever have, making it virtually impossible to predict how high it will ultimately soar.

Christopher Nolan's The Odyssey is keeping its momentum from a massive opening weekend as it enters its third week in theaters.

NEW YORK--(BUSINESS WIRE)--IMAX® Corporation (NYSE: IMAX) today announced that Sony Pictures' Spider-Man: Brand New Day will expand across the IMAX network into North America beginning Thursday, August 6. The move follows a strong IMAX opening for the film in China, Japan and South Korea, where it generated $23 million at the IMAX box office. In China, the film earned $19 million in IMAX, delivering the biggest IMAX opening weekend in Spider-Man franchise history, while accounting for a franchi.

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A splashy movie drove audiences to the large-format cinemas. Imax posted the highest-grossing second weekend in its history by showing the epic.