Comment on AMC stock price surges on rumors that Amazon is exploring a takeover of the theater chain

AMC stock price surges on rumors that Amazon is exploring a takeover of the theater chain

Neither company confirmed or denied the rumor as shares of AMC Entertainment Holdings rose more than 13%. Back in the early days of the pandemic, meme stocks were all the rage, and the two stocks most frequently affiliated with the meme-stock phenomenon were GameStop and AMC Theatres. Both have seen their share prices plummet since their pandemic highs.

 

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