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13.05.2020 AMAZON Daily Analysis

Amazon had a very shaky Tuesday dropping by 52 to close at $2356.95 in a general stock market decline that showed the market close all in red apart from

Yazar: editor_1

Yayınlanma: 13 Mayıs 2020 15:36

Güncellenme: 14 Kasım 2024 00:00

13.05.2020 AMAZON Daily Analysis

Amazon had a very shaky Tuesday dropping by 52 to close at $2356.95 in a general stock market decline that showed the market close all in red apart from a few stocks that finished in green. One of the few stocks that managed to close on a positive note was AMC stock for AMC Entertainment Holdings. The reason for this is because the company held buyout talks with Amazon. The company  has been struggling as a result of the Covid-19 pandemic that has led to the closing of their movie theatre chain. Amazon which has been spreading its wings to other sectors and is the parent of Amazon studios has been in talks with AMC and though not clear if there will be a deal
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