_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 sap stock transfer project 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: 165K times
✓ Published: 17-May-2024
👁 View: 165K 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
_what-is-an-index-fund-and-how-does-it-work.webp "The whole stock market in one convenient package.")
_walmart-surpasses-36500-billion-market-cap-after-strong-q1-results.webp "Walmart's stock price rose after it reported first-quarter earnings that beat analyst expectations, demonstrating consumer resilience in spending despite economic pressure. Walmart's market capitalization surpassed $500 billion for the first time following the strong earnings results. Walmart's CFO stated that consumers have remained consistent in spending from quarter to quarter, though budgets remain stretched. Upper-income consumers are increasingly shopping at Walmart. Analysts noted Walmart's increasing focus on higher-margin revenue streams like digital advertising, marketplace fees, and fulfillment services contributing to growth.")
_warren-buffett39s-berkshire-hathaway-reveals-it-has-secretly-invested-in-insurer-chubb.webp "Warren Buffett's Berkshire Hathaway has revealed it has been buying shares of insurer Chubb over the past few quarters, making it one of Berkshire's largest holdings. Berkshire has acquired nearly 26 million shares of Chubb for a total stake worth $6.7 billion, making it Berkshire's 9th largest holding. Insurance is a core business for Berkshire, which owns companies like Geico and General Re and recently acquired Alleghany. Chubb's stock price jumped nearly 7% in after-hours trading following the news of Berkshire's sizable stake in the company.")
_99-facts-that-answer-all-your-92.webp "Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_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 \")
_20-fun-riddles-only-fresh-thinkers-can-crack.webp "Here's the deal with riddles—they're not just a good time, they're also like a mental workout for your brain. See, when you're trying to crack a tough riddle, you're actually sharpening your problem-solving skills and boosting your creativity. Plus, it's a great way to think outside the box and look at things from a different angle, which comes in handy in all sorts of situations, like at work or school. And let's not forget the satisfaction of finally figuring out the answer—it's like a little victory dance for your brain. So next time you're stumped by a riddle, remember, it's not just fun and games—it's brain-boosting magic!Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music by Epidemic Sound https://www.epidemicsound.com <br/><br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV <br/><br/>Subscribe to Bright Side: https://goo.gl/rQTJZz <br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside <br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en <br/><br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/><br/>For more videos and articles visit:<br/>http://www.brightside.me")
_budget-day-strategy-when-to-buy-when-to-sell---share-market-trading-step-by-step-demo.webp "BUDGET Day Strategy When to Buy When to Sell _ Share Market Trading Step-by-Step Demo<br/>#trading #budgetday #sharemarket<br/><br/>In this video we are going to learn, how can we trade on budget day in the Indian stock market.<br/>This video is only an entertainment propose.<br/>")
_gamestop-and-amc-shares-plummet-over-15-amidst-return-of-influential-reddit-trader.webp "Popular meme stocks GameStop and AMC saw their share prices plunge over 15% from the previous day's close as markets opened on Thursday. GME fell 18% from its prior close, and AMC opened down 8% and continued falling through the day. The declines came after the re-emergence of influential Reddit trader Roaring Kitty on social media. Kitty's cryptic social media posts featuring movie clips revived speculation around the meme stocks. The meme stock frenzy appears to be fading again on signs Kitty's impact may be temporary.")
_what-is-an-index-fund-and-how-does-it-work.jpg)
_walmart-surpasses-36500-billion-market-cap-after-strong-q1-results.jpg)
_warren-buffett39s-berkshire-hathaway-reveals-it-has-secretly-invested-in-insurer-chubb.jpg)
_99-facts-that-answer-all-your-92.jpg)
_what-walmart39s-q1-earnings-are-revealing-about-us-consumers.jpg)
_20-fun-riddles-only-fresh-thinkers-can-crack.jpg)
_budget-day-strategy-when-to-buy-when-to-sell---share-market-trading-step-by-step-demo.jpg)
_gamestop-and-amc-shares-plummet-over-15-amidst-return-of-influential-reddit-trader.jpg)
![[+]](/images/menu.gif){kind=small}