ADAM ARON

AMC CEO Adam Aron has filed paperwork with the SEC that would permit him to sell 1.25 million shares of the company worth about $48 million at current prices.

The incredible story of how a group of retail investors, who call themselves "apes," saved AMC Entertainment from bankruptcy, and now are taking on Wall Street.

AMC said it would spend more than $25 million on a multimedia campaign featuring Academy Award winner Nicole Kidman.

Disney's "Shang-Chi and the Legend of the Ten Rings" helped AMC Entertainment smash its Labor Day weekend admissions record.

AMC needs the box office to reach $5.2 billion to be cash flow positive, analysts say it won't happen.

After enduring the pandemic disruptions of 2020, AMC Entertainment has staved off bankruptcy and now the company's CEO Adam Aron is going on the offensive.

Robinhood, the trading app that’s brought millions of new investors to the stock market, is buying a company that helps people communicate with the businesses whose shares they buy.

CEO Adam Aron said the movie theater chain will have the IT systems in place to take the cryptocurrency as payment by the end of 2021.

AMC Entertainment has reached an agreement with Warner Bros. to showcase all of the studio's 2022 slate in theaters for 45 days.

These are the stocks posting the largest moves in extended hours trading.

The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. Shares of AMC Entertainment rose 4% after the company posted a narrower-than-expected loss during the second quarter. Analysts had expected the company to lose 91 cents per share, according to data from Refinitiv. The movie theater chain reported revenue of $444.7 million, higher than the $382.1 million analysts had expected. "AMC's journey through this pandemic is not finished, and we are not yet out of the woods," CEO Adam Aron said in a statement Monday.

Chance the Rapper is bringing a secret concert filmed four years ago to the big screen next month.

AMC is taking over the leases of the Grove shopping complex and the Americana at Brand. Both locations were formerly operated by Pacific Theatres.

AMC Entertainment said it has tabled a proposal that would have asked its shareholders to allow the movie theater chain to issue up to 25 million more shares.

Theater chain boss has seen his once modest holdings in the company top $250 million in a few short months.

Seven AMC insiders sold a portion of their stake since May 28 when the latest rally began, according to InsiderScore using regulatory filings.

Trey Collins, the host of the Trey's Trades YouTube channel, said the fundamental value of AMC shares will be $20 to $25 at the end of 2021.

These speculative stocks are set for modest losses for Friday but still will be wrapping up the wild week with massive gains.

Aron's latest push to convince investors to allow AMC to issue more stock comes after it failed to gain shareholder support to add 500 million shares.

AMC sold 11.55 million shares at an average price of approximately $50.85 per share in an at-the-market equity program launched earlier Thursday.

Aron's shares were worth about $8 million at the start of 2021, according to share data compiled by Equilar.

AMC Entertainment is looking to keep in closer contact with some of its newer investors, as the movie theater chain embraces its meme stock popularity.

AMC launched a new portal on its website just for its retail investors. The site contains "special offers" and company updates just for shareholders.

AMC has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.

The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has sent its stock price up more than 1,100% this year.

AMC's new investors are rallying around the stock, but Wall Street is far more bearish on the company's performance.

Shares of AMC Entertainment fell as much as 5% on Thursday after the company's CEO updated CNBC on its plans to seek shareholder approval to authorize an additional 500 million shares. AMC's stock hit a 52-week low of $1.91 on Jan. 5, but then soared to $20.36, setting a 52-week high on Jan. 27. AMC first announced plans to seek the additional stock authorization in March and shareholders will vote on the measure in May. "We have asked our shareholders to approve an increase of our authorized share capital by 500 million shares," a representative from AMC said in a statement Thursday. Clarification: This story was updated with AMC's comment that it is seeking approval to increase its authorized share capital to provide it with flexibility to potentially offer stock.

The nation's largest movie theater chain seemed on the verge of collapse a few months ago. Now AMC Entertainment has one of the hottest stocks of 2021, with its shares soaring nearly 300% Wednesday. Time to pile in before blast off!," wrote one of the many posters mentioning AMC on the group's Reddit forum Wednesday. "What is happening with AMC and GameStop is not new," analyst Nick Raich of independent research firm Earnings Scout said in a note to investors. Support from investors may carry AMC past July, but its long-term prospects remain dim, S&P Global analyst Scott Zari told CBS MoneyWatch.

The nation's largest movie theater chain seemed on the verge of collapse a few months ago. Now AMC Entertainment has one of the hottest stocks of 2021, with its shares soaring nearly 300% Wednesday. Time to pile in before blast off!," wrote one of the many posters mentioning AMC on the group's Reddit forum Wednesday. "What is happening with AMC and GameStop is not new," analyst Nick Raich of independent research firm Earnings Scout said in a note to investors. Support from investors may carry AMC past July, but its long-term prospects remain dim, S&P Global analyst Scott Zari told CBS MoneyWatch.

The nation's largest movie theater chain seemed on the verge of collapse a few months ago. Now AMC Entertainment has one of the hottest stocks of 2021, with its shares soaring nearly 300% Wednesday. Time to pile in before blast off!," wrote one of the many posters mentioning AMC on the group's Reddit forum Wednesday. "What is happening with AMC and GameStop is not new," analyst Nick Raich of independent research firm Earnings Scout said in a note to investors. Support from investors may carry AMC past July, but its long-term prospects remain dim, S&P Global analyst Scott Zari told CBS MoneyWatch.

Shares of AMC skyrocketed Monday after the company disclosed that it had secured enough financing to remain open and operational deep into 2021. "This means that any talk of an imminent bankruptcy for AMC is completely off the table," said CEO Adam Aron. Since Dec. 14, the largest movie theater chain in the world has raised $917 million of new equity and debt capital, the company revealed Monday in an SEC filing. Around $500 million of this fundraising came from the issuance of new common shares and an investment deal with Mudrick Capital Management. The company has also executed commitment letters for $411 million of incremental debt capital from upsizing and refinancing its European revolving credit facility.

The world's largest movie theater chain is still about $550 million shy of its fundraising goal. On Tuesday, AMC CEO Adam Aron said the company had managed to raise just over $200 million of the $750 million it needs to fund cash requirements through then end of this year. AMC has been crippled by the coronavirus pandemic and its shares reflect investors' lack of confidence in the movie theater industry's immediate recovery. AMC is operating around 400 of its nearly 600 theaters with limited seating capacity and shorter hours. The company is in the process of trying to renegotiate its rent payments with landlords and is seeking reductions, abatements and deferrals.

Christopher Nolan, one of Warner Bros.’ most important filmmakers, has come out strongly against the company’s decision to debut its films on HBO Max and in theaters in 2021. The “Tenet” filmmaker told The Associated Press Monday that it’s not a good business decision and criticized how the company handled it. “I’ve never seen everybody so upset about one particular decision,” Nolan said. And it’s not a good business decision," Nolan said. With major markets like Los Angeles and New York closed, domestic ticket sales fizzled, and Warner Bros. and other studios responded by delaying the year’s remaining major films.

Check out the companies making headlines midday Monday:Halliburton — Shares of the oil field producer popped 2% after the company reported better-than-expected earnings for the previous quarter. Halliburton earned 11 cents per share, topping a Refinitiv estimate 8 cents per share. American Airlines — American Airlines shares rose more than 2% on news the airline is planning to resume flights with Boeing's 737 Max jet in December. Brookfield will acquire a 19.9% ownership interest in the common shares of American Equity. American Equity rejected Athene and MassMutual's takeover proposal, saying it undervalues the company.

Movie theaters, thrashed by the pandemic, received some hope after New York Gov. The reopening does not include movie theaters in New York City, but the gesture boosted AMC Entertainment's stock 17% in early trading Monday. "The news from Governor Cuomo on Saturday was a monumental step forward for the cinema industry," AMC CEO Adam Aron said Monday on CNBC's "Squawk Box." "Now that we can open in New York, New York state first, but that means New York City is right behind. "I think finally with New York open, we can say our future is bright again."

"We think it's the right decision to stay open," Aron said on CNBC's "Closing Bell." Aron pointed to the historic deal AMC reached with Universal Pictures in July as a reason the company is in a position to keep its theaters open. The agreement shortened the time that Universal's films had to be shown in AMC theaters before moving to on-demand streaming from 90 days to 17 days. That's an agreement that AMC has struck," Aron said. By mid-October, the company will have more than 80% of its roughly 600 theaters open — although the key market of New York remains closed.

This image released by Warner Bros. Entertainment shows Timothee Chalamet, left, and Rebecca Ferguson in a scene from "Dune." Warner Bros. said late Monday that its sci-fi pic Dune will now open in October 2021, instead of this December. The studio also pushed back its Matrix sequel by 8 months to late 2021 and The Batman to 2022. Warner Bros. said late Monday that its sci-fi pic “Dune” will now open in October 2021, instead of this December. When Warner Bros. moved “Dune” to Oct. 1, 2021, it took “The Batman” release date, pushing that film to March 2022.

NEW YORK In a sign of how the pandemic is remaking Hollywood traditions, AMC Theatres and Universal Studios on Tuesday announced an agreement to shorten the exclusive theatrical window to just 17 days for the studio's films. The standard window of theatrical exclusivity typically runs about 90 days. The shortened window only applies to premium video-on-demand which often means digital rentals of $20 not standard on-demand or other home platforms. The deal repairs a rift between AMC, the world's largest theater chain, and Universal, which is owned by Comcast Corp. The theatrical experience continues to be the cornerstone of our business," said Donna Langley, chairman of Universal Filmed Entertainment Group.

AMC Theaters, the nations largest chain, is pushing back its plans to begin reopening theaters by two weeks following the closure because of COVID-19. The company said Monday that it would open approximately 450 U.S. locations on July 30 and the remaining 150 the following week. AMC CEO and President Adam Aron said that its general managers across the U.S. started working full time Monday to get their buildings ready to reopen. Most indoor U.S. theaters have been closed since mid-March because of the coronavirus pandemic. Andrew Cuomo said New York would delay reopening cinemas while it continued to research the safety of indoor, air-conditioned venues.AMC expects its approximately 1,000 worldwide locations to be open by early August.

FILE - In this April 29, 2020 file photo, the AMC sign appears at AMC Burbank 16 movie theater complex in Burbank, Calif. AMC Theaters CEO Adam Aron said Friday that its theaters will require patrons to wear masks upon reopening, which will begin in July. AMC Theaters CEO Adam Aron said Friday that its theaters will require patrons to wear masks upon reopening, which will begin in mid-July. The interview came on the same day that California started requiring people throughout the state to wear masks in most indoor settings and outdoors when distancing isnt possible. AMC plans to sell masks for $1.

AMC Theaters, the world's largest theater operator, said Tuesday that it expects to have 97-98% of its theaters worldwide reopened by mid-July. It will be up to movie theater operators to convince moviegoers that its safe to once again sit in the dark among strangers. Only recently have state guidelines allowed the reopening of theaters in California (including in the countrys top market, Los Angeles, where local officials have yet to agree). Before Tenet arrives, theaters will play just as those that are currently open are showing recent and classic catalog offerings. Though a handful of movies have been steered to streaming or on-demand platforms during the pandemic, most studio films have been postponed until theaters reopen.

"Minions: The Rise of Gru" is the sequel to the 2015 film, "Minions," and spin-off/prequel to the main "Despicable Me" film series. "Minions: The Rise of Gru" won't be coming to theaters until 2021. Moving "The Rise of Gru" to July 2, 2021 means that Universal has to move "Sing 2," which was set to be released on that day, to Dec. 22, 2021. Universal's announcement comes just days after Sony said it had delayed most of its 2020 features to be released in 2021. Universal also pushed "F9," its newest Fast and Furious film to 2021 in March.

Because of theater closures across the country and internationally, studios have been vacating their release dates through June and July. Only a handful of titles remain at their original release dates. On Monday, Sony moved most of its 2020 titles from their release dates to 2021. So far, only two movies have decided to go straight to on demand instead of going to theaters Universal's "Trolls World Tour" and Paramount Pictures "The Lovebirds." "Trolls World Tour" was originally going to be simultaneously released in theaters and at home before all theaters were shuttered.

Movie theaters need government assistance to weather the financial storm brought by the coronavirus, AMC Entertainment CEO Adam Aron told CNBC on Thursday. "The reality is we need relief, right now," Aron said on "Closing Bell." "Literally every movie theater in the country is shut or shuttering. AMC, which operates 634 locations across the U.S. and Canada, said Tuesday it was closing its locations for at least six to 12 weeks. Other major theater chains Cineplex Inc., which operates Regal Cinemas, and Cineworld Group have also made their screens dark.

AMC theaters will be a little less crowded. On Friday, the company announced that it is capping its ticket availability for all showtimes, allowing for only 50% seat capacity. No AMC auditorium will offer a capacity of more than 250 seats, the company said. B&B Theaters, the sixth-largest movie chain in the U.S., said it hasn't had to reduce capacity, because most of its theaters have under 250 seats. Schiffer said that most theaters, particularly smaller chains, will not be able to succeed with capacity reductions.