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AMC Insiders Have Unloaded $70 Million of Stock This Year

  • Retail traders have driven the shares up 1,800% in 2021
  • CEO Aron sold $25 million of stock, said he believes in AMC
Adam Aron 
Adam Aron Photographer: Kyle Grillot/Bloomberg

AMC Entertainment Holdings Inc. has surged almost 20-fold this year after thousands of retail investors piled in to defend the stock against short sellers looking to profit from its decline. “You buy. You hold,” read a recent tweet with dozens of likes. 

Top management has taken a different tack.