AMC Stock Jumps After CEO Discloses New Buy
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AMC Entertainment Holdings Inc (NYSE:AMC) shares rose in after-hours trading following CEO Adam Aron's disclosure of purchasing 250,000 shares at an average price of $1.38. This insider buying suggests confidence in the stock's value, despite a 53% decline over the past year. AMC shares closed up 0.74% and increased by 6.18% in after-hours trading, reaching $1.46.
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