AMC appears to have chased off the wolves of bankruptcy, based on its success in raising funds from investors that will allow it to cover operating losses for the remainder of 2021. Industry watchers expect that the North American box office will recover at some point as the year progresses, though the exact time frame is still unclear. This article in the New York Post details AMC’s wild ride on the stock market over the past few weeks, driven by an army of small, retail investors who jumped on the #SaveAMC bandwagon. These resources have given AMC some breathing room while waiting for the industry to bounce back. Late last year, AMC Chief Adam Aron declined an offer by private equity firm Silver Lake to recapitalize the company as part of the restructuring that would involve bankruptcy in order to release it from many of its outstanding debt obligations. Silver Lake is AMC’s second-largest institutional shareholder, after China’s Wanda Group. In its place, an army of retail investors stepped in to provide resources, betting on an eventual turnaround in the fortunes of the world’s largest exhibitor.