Today, Amazon company's shares reached a historic high, leading to a rise in company shares in the Dow Jones Industrial Index during trading session.
This increase occurred after the U.S. federal regulator approved the company's plans to acquire MGM Studios. The agreement was made for a total of over eight billion dollars.
"Acquiring MGM will provide Amazon with access to a rich content library, including franchises like James Bond, Rocky, and The Handmaid's Tale," one of the analysts reported.
Amazon shares rose by five percent, reaching a mark of nine hundred dollars per share during trading.
