Why Amazon buying AMC doesn't make sense, analyst argues
Amazon (AMZN) buying AMC (AMC) would be a huge mistake, according to one Wall Street analyst. Speculation spread on Tuesday of a potential bid from the tech giant after a substack post from The Intersect.
Shares of AMC spiked more than 15% on the news Tuesday, before Pachter and Wedbush wrote to clients the deal was “unlikely.”
Pachter highlights there’s been no indication that AMC wants to sell itself as one of the key reasons the deal is unlikely. And even if AMC did want to sell itself, Amazon could find a more attractive option anyway, according to Pachter. The analyst points to Cineworld (CINE.L), which filed for bankruptcy earlier this year, as a better potential target for Amazon.
Given the bankruptcy, Cineworld’s screens could sell for roughly $600 million less than an AMC screen and therefore would be a significantly better purchase.
In the video above, Yahoo Finance’s Dave Briggs and Seana Smith discuss the potential purchase with Pachter.
Key Video Moments
00:00:05 - Why a Cineworld purchase makes sense
00:01:18 - Pachter explains case for a downgrade on Amazon.
相關影片推薦
- 1:52餘震太多! 東大門夜市沒遊客 攤商躺平休息TVBS新聞網影音41,225 次觀看・13 小時前
- 1:49西班牙加護病房出動「治療犬」病患暖心感動落淚Yahoo奇摩(國際通)15,176 次觀看・20 小時前
- 2:06麻辣鍋名店驚傳熄燈! 5/5結束營業老饕不捨華視影音68,777 次觀看・16 小時前
- 1:48嫌擋路! 惡男拉婦下公車 狠摔路邊再踹一腳華視影音16,282 次觀看・11 小時前
- 10:06唐綺陽本週星座運勢解析:04/29 - 05/05 2024Voyage TV4,098 次觀看・14 小時前
- 1:37抓到了!「無頭貨櫃」國道奪命 落跑運將落網|#鏡新聞鏡新聞39,980 次觀看・15 小時前
- 1:14李晨爆官宣Angelababy「10年友情轉愛情」 范冰冰突曬「定情物」網驚:復合了嗎娛樂星聞6,235 次觀看・11 小時前
- 1:27Gigi到泰國突然暈眩臉色超差硬撐 看完醫生老公史丹利竟然很擔心這件事?!娛樂星聞6,463 次觀看・1 天前
- 1:59客質疑遭系統「自行下單」無法退款 外送平台:調查中華視影音685 次觀看・10 小時前
- 1:10金秀賢和金智媛花絮被發現手也牽緊緊 根本是戀愛的程度網友激動:直接公開吧!娛樂星聞9,910 次觀看・1 天前
熱門必看
- 5:28精華|12星座BL戀愛攻/受排行榜!牡羊就是一個字「衝」!?唐綺陽談星室22,573 次觀看・2 天前
- 7:42入手老屋大翻新到底多花錢? 壁紙也是大魔王?網友:根本千層派Yahoo創作摩人4,207 次觀看・4 天前
- 0:38今天直接怒吃兩份在地人推薦的旭達豆漿!板橋Edenx食旅24,445 次觀看・4 天前
- 14:19超多林俊傑的歌都他寫的!金曲獎、金鐘獎得獎人也來接唱!◆嘎老師 Miss Ga|歌唱教學 學唱歌◆嘎老師 Miss Ga2,832 次觀看・2 天前
- 10:32焦糖化洋蔥3種做法,不同切法味道大不同!_ 日本男子的家庭料理 TASTY NOTE日本男子的日式家庭料理2,296 次觀看・1 天前