_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 32 inch tv sales this weekend 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: 300K times
✓ Published: 17-May-2024
👁 View: 300K 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
_whitley-bay-pupils-try-new-ice-cream-flavour-created-for-children39s-cancer-north.webp "A Northumberland ice cream maker has created a new flavour to help raise funds for a North East cancer charity.<br/><br/>Proceeds from sales of Ciccarelli Artisan Gelato’s orange biscuit crunch flavour will be donated to Children’s Cancer North, which supports cancer patients and their families at the Great North Children’s Hospital in Newcastle as well as funding research and awareness.<br/>")
_wayfair-set-to-open-first-large-format-retail-store-signaling-shift-in-e-commerce-trends.webp "Wayfair is opening its first large-format retail store outside of Chicago on May 23rd. The move shows that some digitally native brands are turning to physical retail locations for new growth opportunities and a better customer experience. Wayfair CEO Niraj Shah said categories like furniture benefit from a physical store experience where customers can see and touch items before purchasing. Wayfair envisions opening more large stores nationwide in the future as it explores an omnichannel retail strategy. Other e-commerce brands have also launched physical stores recently to complement online sales.")
⏲ 0:38 👁 3.5M
_celebrity-birthdays-may-18-19.webp "Here's this weekend's celebrity birthdays...May 18: actress Candice Azzara turns 79, musician Rick Wakeman 75, musician Mark Mothersbaugh 74, country singer George Strait 72, New Wave musician Wreckless Eric 70, comedian/actress Tina Fey 54, and singer/songwriter Jack Johnson 49. May 19: The Who's Pete Townshend turns 79, singer/songwriter Grace Jones 76, singer Shooter Jennings 45, comedian Michael Che 41, singer Sam Smith 32, and dancer JoJo Siwa 21.")
_otd-in-space-may-19-sts-101-launches-with-1st-39glass-cockpit39.webp "On May 19, 2000, the space shuttle Atlantis launched with the very first \")
_is-the-macbook-pro-m3-the-most-powerful-macbook-ever.webp "The M3 Max-powered MacBook Pro 16-inch sets a new standard for performance for those in need of an ultra-powerful computer for video rendering and also great for gaming.<br/><br/>In this review of one of the MacBook Pro M3 family machines, we take a look at its value for power users, plus reveal the benchmarks and battery test results to help you decide if it’s the best laptop for you.")
_whitley-bay-pupils-try-new-ice-cream-flavour-created-for-children39s-cancer-north.jpg)
_wayfair-set-to-open-first-large-format-retail-store-signaling-shift-in-e-commerce-trends.jpg)
_celebrity-birthdays-may-18-19.jpg)
_otd-in-space-may-19-sts-101-launches-with-1st-39glass-cockpit39.jpg)
_is-the-macbook-pro-m3-the-most-powerful-macbook-ever.jpg)
![[+]](/images/menu.gif){kind=small}