AMC Theatre's stock surged amid speculation that Amazon might by the cinema chain https://t.co/aXgoSIRREE— Variety (@Variety) May 11, 2020
- It was rumored that Amazon and AMC recently held talks about Amazon acquiring Americas largest theater chain.
- Speculation caused AMC stock to rise over 50%.
- Amazon has been looking to buy theaters for a while.
ONTD, are you cool with Jeff Bezos owning the world?