_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 fox entertainment 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: 235K times
✓ Published: 17-May-2024
👁 View: 235K 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
_how-russia-is-undermining-support-for-zelenskyy-in-ukraine-124-dw-news.webp "DW News")
_get-ready-for-thrills-first-glimpse-at-foxs-murder-in-a-small-town.webp "Get ready to be gripped: Immerse yourself in the world of FOX's thrilling crime drama, Murder in a Small Town Season 1, with an electrifying sneak peek. Follow stars Rossif Sutherland, Kristin Kreuk, Mya Lowe and more as the tension rises. Don't blink or you'll miss the action: Murder in a Small Town, streaming on FOX Fall 2024!<br/><br/>Murder in a Small Town Cast:<br/><br/>Rossif Sutherland, Kristin Kreuk, Mya Lowe, Aaron Douglas, Savonna Spracklin and Fritzy-Klevans Destine<br/><br/>Stream Murder in a Small Town Season 1 Fall 2024 on FOX!")
_fox-shows-making-fun-of-fox.webp "Synthetic Saint")
_39that39s-absurd39-john-fetterman-claps-back-at-aoc39s-39bully39-accusations.webp "Fox News")
⏲ 5 minutes 55 seconds 👁 157.5K
_detention-deputy-puts-on-a-show-but-is-it-her-real-voice-icanseeyourvoice.webp "FOX")
_forx-entertainment-media-bashannana-9234-kophee-miila-miilaa9234.webp "ForX Entertainment Media")
_michael-j-fox-accepts-time100-impact-award-with-moving-speech-on-parkinsons-experience.webp "Actor and activist Michael J. Fox accepted the second annual TIME100 Impact Award—which recognizes a global trailblazer who is pushing boundaries in their industry—at the 2024 TIME100 Gala at New York City’s Jazz at Lincoln Center on Thursday.")
⏲ 3:41 👁 5.2M
_wise-fox-meets-wide-box.webp "Wise Fox")
_how-russia-is-undermining-support-for-zelenskyy-in-ukraine-124-dw-news.jpg)
_get-ready-for-thrills-first-glimpse-at-foxs-murder-in-a-small-town.jpg)
_fox-shows-making-fun-of-fox.jpg)
_39that39s-absurd39-john-fetterman-claps-back-at-aoc39s-39bully39-accusations.jpg)
_detention-deputy-puts-on-a-show-but-is-it-her-real-voice-icanseeyourvoice.jpg)
_forx-entertainment-media-bashannana-9234-kophee-miila-miilaa9234.jpg)
_michael-j-fox-accepts-time100-impact-award-with-moving-speech-on-parkinsons-experience.jpg)
_wise-fox-meets-wide-box.jpg)
![[+]](/images/menu.gif){kind=small}