AMC Entertainment Holdings Inc. The soaring share price has made it one of the most valuable companies in the world.

In a few months, the company's market capitalization has changed from small to large. Buoyed by retail buying, the cinema chain's shares soared 95% on Wednesday, giving it a market capitalization of $31.3 billion, more than half of the companies in the s & p 500 index.

AMC's market capitalization now surpasses that of Tyson Foods and Delta, although the company's revenue projections are much lower than those of the latter two.

AMC's market capitalization hovered below $500m for most of last year amid the ordeal of COVID-19 that led to the closure of cinemas around the world.

Taking advantage of the soaring share price, AMC raised $230 million through Mudrick Capital Management earlier this week.