AMC CEO Adam Aron is well-known for speaking straight with traders and followers of the meme inventory.
Just lately, he is puffed up dogecoin, new commercials from Nicole Kidman, and Merck’s COVID-19 capsule.
“The helpful implications for @AMCTheatres of this new anti-COVID capsule are mind-blowing,” Aron tweeted.
Adam Aron has been ramping up his standing because the meme-stock generation’s leader on Twitter these days.
The AMC chief government officer, who has garnered a large following from retail merchants, has been hyping up Dogecoin, Nicole Kidman, and Merck’s antiviral capsule in numerous tweets. He is even caught the eye of Tesla’s Elon Musk and investor Mark Cuban.
In a Sept. 21 tweet, the AMC chief posted a Twitter ballot asking if AMC ought to begin accepting dogecoin together with different cryptocurrencies like bitcoin and ethereum by the tip of 2021. The consequence? “Sure, for positive do it.”
Tesla CEO Elon Musk favored the ballot, and billionaire investor Mark Cuban responded that Bitpay can settle for dogecoin. “I’m so delighted by the curiosity in #AMCandDogecoin!” Aron mentioned in a single tweet.
In another, he praised Musk. “I by no means thought I’d see at the present time. @ElonMusk favored my Dogecoin Twitter Ballot tweet. For those who occur to see this tweet too Mr. Musk, congratulations on Tesla and SpaceX.”
Then on Friday, Aron cheered Merck and Ridgeback Biotherapeutics looking for the US Meals and Drug Administration’s approval for its antiviral COVID-19 pill that halved the chance of loss of life or hospitalization from the coronavirus.
“Wow, wow, wow… wow, wow. MOLNUPIRAVIR. The helpful implications for @AMCTheatres of this new anti-COVID capsule are mind-blowing and breathtaking … Oh, the miracles of contemporary drugs. Thanks, @Merck! MOLNUPIRAVIR,” Aron wrote on Twitter on Oct. 1.
AMC was hit particularly hard by COVID-19, because the pandemic induced film theaters to shutter and diverted new movie releases to streaming companies.
In an effort to get individuals again to the flicks, AMC partnered with actress Nicole Kidman to make three 30-second commercials. Aron was excited.
“We had a world class crew on this effort. Oscar nominee Billy Ray wrote them. Oscar nominee Jeff Cronenweth filmed them. Oscar winner Nicole Kidman starred in them,” he mentioned in a September 28 tweet.
AMC has been a stalwart of the meme inventory motion this 12 months, and Aron has leaned into his function as an icon among the many Wall Avenue Bets crowd. For the thousands and thousands of particular person traders gathering on social media who name one another “apes,” Aron is the “Silverback.”
He is reached out to them on YouTube and Twitter, and even provided investor perks like free popcorn. He additionally has pounced on investor curiosity and raised cash by means of a number of fairness choices this 12 months to assist shore up the stability sheet. The inventory has had an eye-popping run in 2021, rising over 1,600% and main some analysts to say the worth is detached from reality.
On October 1, as #AMCtothemoon trended on Twitter, Aron reached out to his traders straight. “Sincerely and humbly, it’s the honor and privilege of a lifetime to work for thus a lot of you. YOU, who’re the homeowners of @AMCTheatres.”
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