_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 vabi james maa 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: 300K times
✓ Published: 17-May-2024
👁 View: 300K 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
_colorado-avalanche-and-dallas-stars-game-predictions-tonight.webp "Colorado Avalanche and Dallas Stars Game Predictions Tonight from vabi james maa")
_pillars-of-creation-seen-in-4k-via-james-webb-space-telescope.webp "The James Webb Space Telescope has observed the iconic Pillars of Creation and the view is spectacular! Travel 6,500 light-years away in this zoom into the epic new imagery. Also, see a comparison with the Hubble Space Telescope's view.<br/><br/>Credit: Space.com | NASA, ESA, CSA, and STScI, ESO, NOIRLab/NSF/AURA, T.A.Rector, B.A.Wolpa, ESA/Hubble, J. DePasquale, A. Koekemoer, A. Pagan, N. Bartmann, M. Zamani | edited by Steve Spaleta")
_inside-nba-star-chris-pauls-portfolio.webp "Having made over $300 million, the superstar athlete is approaching two decades in the NBA and, moving forward, Paul aspires to own a WNBA franchise, and at least 61 shares of energy company Chevron. Paul joined Forbes senior writer Jabari Young at the Nasdaq MarketSite to dive inside his portfolio.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_queen-camilla-meets-acting-royalty-during-rye-visit.webp "Queen Camilla visits the Church of St Mary and Lamb House in Rye, East Sussex. Historic Lamb House, once home to novelists Henry James, Rumer Godden and E.F. Benson, also hosts a literature collection the Queen viewed as part of a tour of the property. Her Majesty then attended a garden party where she met with Oscar winner Hayley Mills, and actor Timothy West among other guests. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_menjelang-ajal-124-promo-movie-review.webp "A family suffers a series of horrific terrors but surprisingly, the terror actually comes from one of the family members themselves - the mother.")
_jury-duty-interview-with-james-marsden.webp "The ‘Night And Day’ Difference Between James Marsden On 'Jury Duty,' And James Marsden Off Set, According To Ronald Gladden")
_bronny-james-fights-nba-draft-stigmas-amid-parental-pressure.webp "Bronny James Fights NBA Draft Stigmas Amid Parental Pressure from vabi james maa")
_dart-asteroid-impact-aftermath-caught-on-webb-and-hubble-space-telescopes.webp "NASA's Double Asteroid Redirection Test (DART) impacted the 'moonlet' Dimorphos in the Didymos asteroid system. NASA's Hubble and James Webb space telescopes captured imagery of the aftermath from impact. <br/><br/>Credit: Space.com | imagery courtesy: NASA, ESA, CSA, and STScI | edited by Steve Spaleta")
_colorado-avalanche-and-dallas-stars-game-predictions-tonight.jpg)
_pillars-of-creation-seen-in-4k-via-james-webb-space-telescope.jpg)
_inside-nba-star-chris-pauls-portfolio.jpg)
_queen-camilla-meets-acting-royalty-during-rye-visit.jpg)
_menjelang-ajal-124-promo-movie-review.jpg)
_jury-duty-interview-with-james-marsden.jpg)
_bronny-james-fights-nba-draft-stigmas-amid-parental-pressure.jpg)
_dart-asteroid-impact-aftermath-caught-on-webb-and-hubble-space-telescopes.jpg)
![[+]](/images/menu.gif){kind=small}