_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 gemsri james video 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
Related Videos
_watch-this-amazing-3d-visualization-fly-through-view-of-5000-galaxies-from-the-james-webb-space-telescope.webp "Travel back 390 million years after the big bang to the ancient Maisie's Galaxy in this stunning 3D visualization that showcases 5000 galaxies captured by the James Webb Space Telescope. It was created from CEERS (Cosmic Evolution Early Release Science) Survey data.<br/><br/>Credits:<br/>Visualization:Frank Summers (STScI), Greg Bacon (STScI), Joseph DePasquale (STScI), Leah Hustak (STScI), Joseph Olmsted (STScI), Alyssa Pagan (STScI)<br/>Science: Steve Finkelstein (UT Austin), Rebecca Larson (RIT), Micaela Bagley (UT Austin)<br/>Music: Far Far Far by Bonnie Grace / courtesy of Epidemic Sound")
⏲ 1:17 👁 1.2M
_sneak-peek-at-abc39s-hit-series-abbott-elementary.webp "Get ready to laugh until your sides hurt with the comedic brilliance of Abbott Elementary Season 3 Episode 13! Created by the talented Quinta Brunson, this ABC comedy series continues to captivate audiences with its witty humor and lovable characters. Join the hilarious ensemble cast, including Quinta Brunson herself, along with Tyler James Williams, Janelle James, Lisa Ann Walter, Chris Perfetti, Sheryl Lee Ralph and Zack Fox, as they navigate the ups and downs of working in a public school setting. Stream Abbott Elementary Season 3 now on ABC for a dose of laughter and entertainment that's guaranteed to brighten your day!<br/><br/>Abbott Elementary Cast:<br/><br/>Quinta Brunson, Tyler James Williams, Janelle James, Lisa Ann Walter, Chris Perfetti, Sheryl Lee Ralph and Zack Fox<br/><br/>Stream Abbott Elementary Season 3 now on ABC and Hulu!")
_james-webb-space-telescope39s-view-of-an-amazing-barred-spiral-galaxy.webp "The James Webb Space Telescope's Near Infrared Camera (NIRCam)and Mid-Infrared Instrument (MIRI) captures stunning views of barred spiral galaxy NGC 5068. <br/><br/>Credit: Space.com | footage courtesy: <br/>ESA/Webb, NASA, CSA, J. Lee and the PHANGS-JWST Team, Dark Energy Survey/DOE/FNAL/NOIRLab/NSF/AURA, DSS, N. Bartmann (ESA/Webb), E. Slawik, N. Risinger, D. de Martin (ESA/Webb), M. Zamani (ESA/Webb) | edited by Steve Spaleta<br/>Music: Far Far Far by Bonnie Grace / Courtesy of Epidemic Sound")
_gabrielle-reveals-her-dreams-of-collaborating-with-james-arthur.webp "Gabrielle says her dream duet would be with James Arthur, but she admits she turns down lots of collaboration offers due to her nerves.")
_playlist-extra-modern-day-dream-does-the-39a-to-z-song-challenge39.webp "Get to know OPM band Modern Day Dream as they try to name a song for every letter of the alphabet in this 'A to Z Song Challenge' video from Playlist Extra.")
_knicks-amp-rangers-1994-flashback-history-repeating-itself.webp "Knicks & Rangers 1994 Flashback: History Repeating Itself? from gemsri james video")
_james-webb-space-telescope39s-first-deep-field-image-is-mind-boggling.webp "A deep field image captured by the James Webb Space Telescope is of galaxy cluster SMACS 0723.<br/><br/>Credit:NASA, ESA, CSA, and STScI | mash mix: Space.com<br/>Music: Tranquil Dawn by Amber Glow / courtesy of Epidemic Sound")
_it-takes-a-lot-of-time-and-dedication-that-people-dont-see-wor-flags-in-their-own-words.webp "Two members of the Newcastle United fan group Wor Flags, Adam Stoker and Chris Heron, have revealed the hard work and dedication that goes into creating the famous displays that they create for a matchday at St. James’ Park. Daniel Wales reports.")
⏲ 3:0 👁 920K
_watch-this-amazing-3d-visualization-fly-through-view-of-5000-galaxies-from-the-james-webb-space-telescope.jpg)
_sneak-peek-at-abc39s-hit-series-abbott-elementary.jpg)
_james-webb-space-telescope39s-view-of-an-amazing-barred-spiral-galaxy.jpg)
_gabrielle-reveals-her-dreams-of-collaborating-with-james-arthur.jpg)
_playlist-extra-modern-day-dream-does-the-39a-to-z-song-challenge39.jpg)
_knicks-amp-rangers-1994-flashback-history-repeating-itself.jpg)
_james-webb-space-telescope39s-first-deep-field-image-is-mind-boggling.jpg)
_it-takes-a-lot-of-time-and-dedication-that-people-dont-see-wor-flags-in-their-own-words.jpg)
![[+]](/images/menu.gif){kind=small}