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Cinema stocks jump on report of Amazon's $1B-plus investment in theatrical releases

Nov. 23, 2022 11:58 AM ETAmazon.com, Inc. (AMZN) Stock, NFLX StockIMAX, NCMI, CNK, CPXGF, AMCBy: Jason Aycock, SA News Editor59 Comments

asian chinese mixed age group audience watching movie sitting in a row in cinema movie theater enjoying

Edwin Tan /E+ via Getty Images

Cinema stocks jumped just before midday Wednesday alongside a report that Amazon.com (NASDAQ:AMZN) plans to spend $1B-plus annually to make movies it will release in theaters.

AMC Entertainment (AMC) spiked 6.2%

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