_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 over confidence 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
_overconfidence-bias-124-concepts-unwrapped.webp "McCombs School of Business")
_daniel-kahneman-the-trouble-with-confidence.webp "Big Think")
_american-credit-card-debt-surpasses-361-trillion-as-young-adults-struggle-to-cover-costs-of-housing-student-loans.webp "Americans owe over $1 trillion collectively in credit card debt, the Federal Reserve Bank of New York reported Tuesday. The average credit card balance per consumer exceeds $6,000, up 8.5% from the previous year. More borrowers are falling behind on credit card payments, with less than 9% of balances transitioning to delinquency. Serious delinquencies past 90 days reached their highest level since 2010. Younger adults have taken on more debt to cover the rising rent costs, student loans, and auto loans. Credit cards charging an average of 20% interest are typically the most expensive debt.")
⏲ 0:40 👁 1.7M
_are-people-manipulating-you-against-your-will-124-10-stoic-lessons-on-how-to-avoid-being-controled.webp "Mind over Body")
⏲ 35 minutes 7 seconds 👁 124.9K
_after-divorcedi-took-over-the-wealthy-family-full-movie.webp "After Divorced,I Took Over The Wealthy Family Full Movie from over confidence")
_confident-or-arrogant-124-which-one-are-you.webp "alpha m.")
_confident-vs-arrogant-l-how-to-be-confident-without-being-cocky.webp "We Grow People")
_narendra-modi39s-to-remain-pm-till-rajnath-singh-spills-the-beans-on-pm-modi39s-future-plans.webp "Union Defence Minister Rajnath Singh refutes opposition's claims on PM Modi's tenure, asserting PM Modi will lead in 2024 and 2029. Dismissing reservations about reservation, Singh emphasizes continuity in the existing reservation system. Accusing the opposition of misleading tactics, he blames Congress and allies for eroding political credibility. Singh reaffirms BJP's confidence in PM Modi's leadership for future terms. <br/> <br/>#RajnathSingh #PMModi #ArvindKejriwal #PMModi #BJP #Politics #LokSabhaElections #Oneindia #Oneindianews <br/>~HT.99~PR.152~ED.101~")
⏲ 6:2 👁 1.4M
_overconfidence-bias-124-concepts-unwrapped.jpg)
_daniel-kahneman-the-trouble-with-confidence.jpg)
_american-credit-card-debt-surpasses-361-trillion-as-young-adults-struggle-to-cover-costs-of-housing-student-loans.jpg)
_are-people-manipulating-you-against-your-will-124-10-stoic-lessons-on-how-to-avoid-being-controled.jpg)
_after-divorcedi-took-over-the-wealthy-family-full-movie.jpg)
_confident-or-arrogant-124-which-one-are-you.jpg)
_confident-vs-arrogant-l-how-to-be-confident-without-being-cocky.jpg)
_narendra-modi39s-to-remain-pm-till-rajnath-singh-spills-the-beans-on-pm-modi39s-future-plans.jpg)
![[+]](/images/menu.gif){kind=small}