AMC Entertainment Stock Rises on Speculation of Amazon Talk

Monday May 11, 2020, Shares of AMC Entertainment Holdings (NYSE: AMC) jumped on Monday following a speculation that the financially troubled movie entertainment company had talks about a possible acquisition by a tech giant Amazon.com.

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AMC Theatres (originally an abbreviation for American Multi-Cinema; often referred to simply as AMC and known in some countries as AMC Cinemas or AMC Multi-Cinemas) is an American movie theater chain headquartered in Leawood, Kansas, and is the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Cineworld and Cinemark Theatres. (Wikipedia)

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