A mob rescued the world’s largest movie-theater chain from the edge of bankruptcy. It turned out to be only the first act in an improbable story that made this year in American business like none other.

More than four million people joined forces to put billions of dollars into AMC Entertainment Holdings Inc., staking their money on a company so battered by the pandemic and competition from streaming entertainment that Wall Street investors had bet big on its imminent collapse.

This post first appeared on wsj.com

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