AMC Theaters

Within the last several days, rumors have been bustling about a potential takeover of the crippled AMC Theaters by the godlike entity known as Amazon. According to Marketwatch, “Shares of AMC Entertainment Holdings rocketed on heavy volume Monday, after a media report that the struggling movie theater chain had held buyout talks with Amazon, as AMC’s value has shrunk since the COVID-19 pandemic led to theater shutdowns worldwide.” Now in AMC’s defense, their stock value wasn’t dropping because of poor earnings or business decisions, almost a majority of financial experts agree that when the full might of the American economy reopens, many large and small businesses alike will come back to life, meaning many conversations like the one with Amazon might be meaningless several months after we begin to see the new “normal.”