I read that one of AMC's creditors converted corporate bonds into shares, and thus, $600M of debt relief was given to AMC. They have also raised about $1B in finances over the past month (including $300M in cash generated from selling shares two days before the stock took off, which would've been worth $1.2B+). I wouldn't be surprised if AMC sold off more shares and will be financially secure for some time (they were essentially headed to chapter 11 i.e. restructure their finances so they could continue to operate).I actually enjoy going to movie theatres - will buying stocks mean theatre stay open?
in short, yes, the stock price has helped AMC, but no, IMHO, I wouldn't buy shares to try to keep them afloat, especially at the current price. If needed, AMC has other options at their disposal