_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 down bad 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
_bad-boys-ride-or-die-triler-final.webp "Bad Boys: Ride or Die Tráiler Final from down bad")
_feid-amp-yandel-concert-shut-down-country-power-players-recap-cardi-b-wont-be-releasing-an-album-amp-more-124-billboard.webp "It’s Wednesday, May 15, and Feid & Yandel got shut down in Miami for throwing an impromptu concert on their yacht. Cardi B says she will not be releasing a new album this year, Megan Thee Stallion is kicking off her tour and Saweetie posted her freestyling in the car. Sam Hunt shares how he created “Locked Up EP” and how his music is changing with his life. If you missed it last night, we got you covered, we give you a recap of Billboard’s Country Power Players. McKenna Grace shares what inspired her to write her song \")
⏲ 8:50 👁 16.7M
_tesla-shareholders-mount-opposition-to-elon-musk39s-3646b-pay-package-following-court-ruling.webp "A group of Tesla shareholders is urging investors to vote against Elon Musk's $46 billion pay package and the re-election of two board members at the upcoming shareholder meeting on June 13. The shareholder group argues that the board is too close to Musk and has failed to properly evaluate his compensation package, which was originally approved in 2018 but struck down by a Delaware court in January due to concerns about the approval process. Tesla has re-proposed the pay package, arguing that Musk earned the compensation by hitting targets related to the company's share price and operations. However, the shareholder group believes that Musk's divided attention among various companies exposes shareholders to unnecessary risk.")
⏲ 0:44 👁 1.5M
_10-great-films-from-bad-directors.webp "These films shocked us - in a good way!")
_woman-punched-dragged-down-queens-street-by-serial-robbers-on-moped.webp "The NYPD is searching for suspects on mopeds in string of Queens robberies.")
_woman-shocked-to-find-out-she-was-six-months-pregnant-despite-no-bump-or-symptoms.webp "A woman was shocked to find out she was six months pregnant - despite being a size eight and having no bump.<br/><br/>Lily Somerton, 21, still had her period and had no symptoms to indicate she was expecting - until she felt her stomach move while lying down.<br/><br/>Already a mum-of-one, Lily recognised the feeling from her previous pregnancy and took a test just to be sure.<br/><br/>The test came back positive and Lily went for a scan straight away and was told she was 24 weeks along and experiencing a cryptic pregnancy - when a pregnant person doesn't know they're pregnant - in April 2024.<br/><br/>Doctors told Lily she may not grow a bump for the remainder of her pregnancy but her baby boy - due in July 2024 - is healthy.<br/><br/>Lily, a support worker, from King's Lynn, Norfolk, said: \")
_here-are-all-the-reasons-sweating-is-good-for-you-besides-cooling-you-down.webp "The 5 health benefits of sweating and why it's good for your skin, heart, and more.")
_bad-boys-4-ride-or-die-finaler-trailer-df.webp "Bad Boys 4: Ride Or Die Finaler Trailer DF from down bad")
_bad-boys-ride-or-die-triler-final.jpg)
_feid-amp-yandel-concert-shut-down-country-power-players-recap-cardi-b-wont-be-releasing-an-album-amp-more-124-billboard.jpg)
_tesla-shareholders-mount-opposition-to-elon-musk39s-3646b-pay-package-following-court-ruling.jpg)
_10-great-films-from-bad-directors.jpg)
_woman-punched-dragged-down-queens-street-by-serial-robbers-on-moped.jpg)
_woman-shocked-to-find-out-she-was-six-months-pregnant-despite-no-bump-or-symptoms.jpg)
_here-are-all-the-reasons-sweating-is-good-for-you-besides-cooling-you-down.jpg)
_bad-boys-4-ride-or-die-finaler-trailer-df.jpg)
![[+]](/images/menu.gif){kind=small}