_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 nondini by james 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
_soothing-tensions-on-abc39s-beloved-series-grey39s-anatomy.webp "Step into the emotional depth of \")
_39it-is-what-it-is39-james-lankford-addresses-republicans-killing-his-bipartisan-border-bill.webp "In remarks on the Senate floor Thursday, Sen. James Lankford (R-OK) spoke about border security and lambasted Democrats for trying to score political points by bringing up the bipartisan border security bill that is doomed to fail. <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/><br/>Stay Connected<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")
⏲ 14:18 👁 7.8M
_amc-entertainment-shares-soar-over-135-as-roaring-kitty-returns-to-short-seller-trading-but-one-analyst-remains-neutral.webp "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.")
_james-webb-space-telescope39s-view-of-pandora39s-cluster-is-interesting.webp "James Webb Space Telescope imagery of Pandora’s Cluster (Abell 2744) delivers three galaxy clusters and so much more. Take a tour of the view. <br/><br/>Video: STScI, Danielle Kirshenblat<br/>Music: PremiumBeat Music, Klaus Hergersheimer<br/>Science: Ivo Labbe (Swinburne), Rachel Bezanson (University of Pittsburgh)<br/>Image Processing: STScI, Alyssa Pagan")
_luton-goalkeeper-james-shea39s-premier-league-debut.webp "Luton goalkeeper James Shea comes on for his Premier League debut.")
_the-cast-of-netflix39s-92.webp "https://www.maximotv.com <br/>B-roll footage: Stars Jennifer Lopez, Simu Liu, Sterling K. Brown, Lana Parrilla, Abraham Popoola, Gregory James Cohan, and Briella Guiza on the black carpet at Netflix's \")
_full-match-newcastle-vs-tottenham-124-club-friendlies-22-05-2024.webp "【FULL MATCH】 Newcastle vs. Tottenham | Club Friendlies 22.05.2024 from nondini by james")
_horizon-an-american-saga-movie-trailer.webp "Horizon An American Saga Movie Trailer - Warner Bros. Pictures is bringing back the spirit of the classic Western with \")
_soothing-tensions-on-abc39s-beloved-series-grey39s-anatomy.jpg)
_39it-is-what-it-is39-james-lankford-addresses-republicans-killing-his-bipartisan-border-bill.jpg)
_james-webb-space-telescope39s-view-of-pandora39s-cluster-is-interesting.jpg)
_luton-goalkeeper-james-shea39s-premier-league-debut.jpg)
_the-cast-of-netflix39s-92.jpg)
_full-match-newcastle-vs-tottenham-124-club-friendlies-22-05-2024.jpg)
_horizon-an-american-saga-movie-trailer.jpg)
![[+]](/images/menu.gif){kind=small}