AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower Friday afternoon. Fox Business' Charles Gasparino teased an upcoming segment via Twitter featuring AMC CEO Adam Aron.
Gasparino reported that Aron is weighing making significant changes to the company's business model that would entail a series of "distressed investments," similar to AMC's recent investment in gold and silver miner Hycroft Mining Holding Corp (NASDAQ:HYMC). The tweet suggests AMC is considering approximately six separate deals valued around $500 million.
