AMC stock jumps 6% as CEO criticizes Robinhood's tokenized shares, sparking market split.

AMC Entertainment's CEO Adam Aron publicly condemned Robinhood's tokenized shares, calling them illegal and unauthorized by AMC. This criticism caused AMC's stock to rise 6%, while Robinhood's shares fell 3% amid a quiet market. Robinhood's tokens offer economic exposure to shares without legal rights and are not available to U.S. investors, creating tension over ownership rights. Investors should watch for legal actions or changes in token trading volumes as the dispute unfolds.