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Benzinga
Benzinga
Business
Chris Katje

AMC Took A Gamble Everyone Questioned — And Just Cashed Out $7.9 Million Profit

AMC Hycroft Mining Adam Aron AMC Entertainment AMC Entertainment Holdings Hycroft Mining HYMC Entertainment Gold
AMC.Gold.Shutterstock

Movie theater company AMC Entertainment Holdings (NYSE:AMC) made a surprising move by snatching up a stake in gold mining company Hycroft Mining Corporation (NASDAQ:HYMC) back in 2022. Three years later, AMC is mostly cashing out and showing investors a profit.

• AMC Entertainment stock is moving in positive territory. Why is AMC stock trading higher?

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