Movie theater operator AMC Entertainment Holdings Inc. AMC, -2.93% disclosed Friday that Chief Executive Adam Aron’s total compensation more than doubled in 2020, to $20.93 million from $9.67 million in 2019. Aron’s compensation included $1.11 million in salary, down from $1.25 million a year ago, as well as a $5.00 million bonus and $14.80 million in stock awards. The big increase in compensation comes as AMC’s stock tumbled 70.7% in 2020 amid challenges resulting from the COVID-19 pandemic, and after falling 41.0% in 2019. So far this year, the stock has rocketed 560.4% through Thursday, as it has been caught up in the trading frenzy in so-called meme stocks. In comparison, the S&P 500 SPX, -0.58% rose 16.3% in 2020 and has tacked on 4.2% so far this year.
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