--- title: "AMC stock pops overnight: CEO Adam Aron buys more shares, says 'I ride with you'" type: "News" locale: "en" url: "https://longbridge.com/en/news/287007414.md" description: "AMC CEO Adam Aron purchased 250,000 shares at approximately $1.38 each, expressing confidence in the company's future and anticipated box-office growth. Despite past popularity as a meme stock, AMC faces challenges from streaming competition and declining theater attendance." datetime: "2026-05-20T05:01:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287007414.md) - [en](https://longbridge.com/en/news/287007414.md) - [zh-HK](https://longbridge.com/zh-HK/news/287007414.md) --- # AMC stock pops overnight: CEO Adam Aron buys more shares, says 'I ride with you' ・CEO Adam Aron disclosed buying 250,000 company shares at an average price of about $1.38 each. ・Aron said on X that he remains highly confident in the company’s future and in upcoming box-office growth. ・Once a meme stock darling, the company has been struggling to keep up with streaming competition and weak theater attendance. AMC Entertainment H... ### Related Stocks - [AMC.US](https://longbridge.com/en/quote/AMC.US.md) ## Related News & Research - [Why is AMC stock surging 12% today?](https://longbridge.com/en/news/287104223.md) - [AMC CEO Adam Aron buys 250,000 shares, says "I put my money where my mouth is" -- update](https://longbridge.com/en/news/287102178.md) - [/C O R R E C T I O N -- Loam Entertainment/ | AMC Stock News](https://longbridge.com/en/news/286965202.md) - [Do Wall Street Analysts Like Welltower Stock?](https://longbridge.com/en/news/286776714.md) - [Quant ratings on Coatue Management's top holdings: TSM, GEV, LRCX, AMAT, AVGO](https://longbridge.com/en/news/286810867.md)