National CineMedia’s stock extends post-bankruptcy rally, on premarket leading volume

Shares of National CineMedia Inc.

were on track to extend their post-bankruptcy rocket-ride higher, with a 13.8% climb in Thursday’s premarket. Trading volume was 17.7 million shares, making the in-theater advertising company’s stock the most actively traded ahead of the open. The stock has soared 238.5% the previous two days, including a 114.6% run up on record volume of 371.8 million shares on Wednesday after the company filed for bankruptcy but provided upbeat fourth-quarter revenue and operating income guidance.

were on track to extend their post-bankruptcy rocket-ride higher, with a 13.8% climb in Thursday’s premarket. Trading volume was 17.7 million shares, making the in-theater advertising company’s stock the most actively traded ahead of the open. The stock has soared 238.5% the previous two days, including a 114.6% run up on record volume of 371.8 million shares on Wednesday after the company filed for bankruptcy but provided upbeat fourth-quarter revenue and operating income guidance.

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