AMC CEO Adam Aron Gave Sons Stock Gift in March Now Worth More Than $30 Million
AMC Entertainment Holdings Inc.s chief executive officer, Adam Aron, gave his two adult sons 500,000 shares of the theater chains stock back in March, worth about $3.4 million each.
Theyre the gifts that keep giving. The shares have ballooned almost fivefold thanks to an eye-popping rally this week, making each sons holdings worth $15.6 million, assuming theyve held on.
The figures show that the day-trader-driven surge in AMC shares has minted fortunes for legions of online traders devoted to the…