_amc-entertainment-shares-soar-over-135-as-roaring-kitty-returns-to-short-seller-trading-but-one-analyst-remains-neutral.jpg "AMC Entertainment Shares Soar Over 135% as Roaring Kitty returns to Short-Seller Trading, But One Analyst Remains Neutral. from bit com stock Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 910K times
✓ Published: 17-May-2024
👁 View: 910K times
✓ Published: 17-May-2024
Description:
AMC Entertainment shares rallied over 135% in the first two days of the week due to a resurgence of meme stock trading fueled by Roaring Kitty's return. However, Barrington analyst James Goss maintained a Neutral rating, noting AMC's Q1 revenue fell slightly. Box office revenues in April were down around 50% and May box office sales have been sluggish compared to 2023 levels. Goss expects the challenging environment for AMC to persist through most of 2024 before potentially rebounding in 2025.
AMC Entertainment shares rallied over 135% in the first two days of the week due to a resurgence of meme stock trading fueled by Roaring Kitty's return. However, Barrington analyst James Goss maintained a Neutral rating, noting AMC's Q1 revenue fell slightly. Box office revenues in April were down around 50% and May box office sales have been sluggish compared to 2023 levels. Goss expects the challenging environment for AMC to persist through most of 2024 before potentially rebounding in 2025.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_josh-brown-amp-stacy-rasgon-share-their-thoughts-on-the-markets-and-todays-earnings-announcement-nvdia.webp "Blue Cloud Trading")
JOSH BROWN & STACY RASGON share their thoughts on the markets and todays earnings announcement NVDIA
⏲ 48 minutes 44 seconds 👁 868
_the-best-stock-to-buy-now-in-june-2024-high-growth-stock.webp "Felix u0026 Friends (Goat Academy)")
_robinhood-gets-a-double-upgrade-from-bank-of-america.webp "#robinhood #bankofamerica #yahoofinance<br/>Robinhood (HOOD) shares are trading higher after the company received a double upgrade from Bank of America. Robinhood now has a Buy rating after previously having an Underperform rating. Bank of America has set a $24 price target, up from $14.<br/><br/>The analysts behind the call point to increasing retail engagement, accelerating organic growth, and large expense reductions as catalysts for the company. Robinhood also reported major cryptocurrency gains in its latest earnings report.<br/><br/>About Yahoo Finance:<br/><br/>Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.")
_bitcoin-is-about-to-go-parabolic-anytime-now-36btc-36biti-36bito-36hodl-36ibit-36arkb-36btco-36btcw-36gbtc.webp "Crypto Miki")
Bitcoin is about to go parabolic anytime now!!! $BTC $BITI $BITO $HODL $IBIT $ARKB $BTCO $BTCW $GBTC
⏲ 5 minutes 7 seconds 👁 40
_alabama-mercedes-benz-workers-reject-uaw-bid.webp "Autoworkers at a Mercedes-Benz (MBG.DE, MBGYY) facility in Alabama voted against joining the United Auto Workers union in a 56% to 44% decision. UAW President Shawn Fain said the loss \")
_36amc-bull-case-thesis-will-set-it-apart-fr0m-36gme-i-get-to-the-point-a-few-mins-in.webp "FREE FR0M IT ALL")
⏲ 18 minutes 33 seconds 👁 210
_pressure-points-nvidia-1q3925-earnings.webp "Deepwater Asset Management")
_what-walmart39s-q1-earnings-are-revealing-about-us-consumers.webp "#walmart #earnings #consumer<br/>#walmart #earnings #consumer #yahoofinance <br/><br/>Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while the average ticket price was flat. Walmart CFO John David Rainey joined Yahoo Finance to give insight into the state of the consumer from Walmart's perspective, claiming consumers' wallets are \")
_josh-brown-amp-stacy-rasgon-share-their-thoughts-on-the-markets-and-todays-earnings-announcement-nvdia.jpg)
_the-best-stock-to-buy-now-in-june-2024-high-growth-stock.jpg)
_robinhood-gets-a-double-upgrade-from-bank-of-america.jpg)
_bitcoin-is-about-to-go-parabolic-anytime-now-36btc-36biti-36bito-36hodl-36ibit-36arkb-36btco-36btcw-36gbtc.jpg)
_alabama-mercedes-benz-workers-reject-uaw-bid.jpg)
_36amc-bull-case-thesis-will-set-it-apart-fr0m-36gme-i-get-to-the-point-a-few-mins-in.jpg)
_pressure-points-nvidia-1q3925-earnings.jpg)
_what-walmart39s-q1-earnings-are-revealing-about-us-consumers.jpg)
![[+]](/images/menu.gif){kind=small}