Stating he still owns 722,820 shares of AMC Entertainment (NYSE:AMC), CEO Adam Aron revealed on the social media site X that he is still the biggest retail investor in the company. Aron disclosed intentions to enroll in an extra 1.2 million AMC shares over the following 26 months, many of which will be vested before March 2025.
Acknowledging the marked drop in the shares, he said, "I absolutely empathize and share in your anguish as AMC's share price has dropped in 2023 and 2024. I can appreciate that hurts. Aron has guided AMC since 2016 following stints as CEO of Norwegian Cruise Line (NYSE:NCLH), Starwood Hotels, and Vail Resorts (NYSE:MTN). He co-owns the Philadelphia 76ers basketball franchise as well. Although AMC dropped more than 95% from its all-time high, and over 23% in the past year. Right now, 12.3% of AMC's total float is shorted
This article first appeared on GuruFocus.免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。