The stock market cooled down from the earlier relief this week as bank stocks still continued to dominate headlines. However, In the midst of all the action today, there was a rumor that Amazon is looking to buy AMC stock. This sent the stock surging over 13% before being halted and both AMZN & AMC declined to comment. That didn't last long though as traders digested the source and a similar rumor from 2021. Ultimately, it looks as if Amazon is only interested in AMC at distressed levels, but in the midst of this all, one stock emerged as the real winner: The owner of the theaters. I go over this play and explain why I traded it, then I give a quick market recap and what I expect out of the banking crisis and the rest of the week.


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