_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 woman slaughter high resolution stock photography 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.")
_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.")
_amc-entertainment-a-39dead-company-walking39-says-bear-cave-report.webp "AMC's financial struggles include heavy debt, consistent unprofitability, significant stock dilution. Social media influencers drive speculative trading, but AMC lacks fundamental investment appeal, says Edwin Dorsey.")
_see-earth39s-lithospheric-magnetic-field.webp "The magnetized rocks of Earth's crust and mantle, also known as the upper lithosphere, accounts for generating 6 percent of the planets magnetic field. Data from the European Space Agency's Swarm satellites was used to create this high resolution map of the tiny magnetic signals. Red areas indicate positive magnetic field and blue area are negative. <br/><br/>Credit: ESA")
_bse-power-sector-analysis.webp "bse power sector analysis | bse power sector prediction for 2024 | stock market<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.")
_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/>")
_what-is-an-index-fund-and-how-does-it-work.jpg)
_warren-buffett39s-berkshire-hathaway-reveals-it-has-secretly-invested-in-insurer-chubb.jpg)
_99-facts-that-answer-all-your-92.jpg)
_amc-entertainment-a-39dead-company-walking39-says-bear-cave-report.jpg)
_see-earth39s-lithospheric-magnetic-field.jpg)
_bse-power-sector-analysis.jpg)
_gamestop-and-amc-shares-plummet-over-15-amidst-return-of-influential-reddit-trader.jpg)
_budget-day-strategy-when-to-buy-when-to-sell---share-market-trading-step-by-step-demo.jpg)
![[+]](/images/menu.gif){kind=small}