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AMC Stock: Adam Aron Teases ‘Much to Say' Ahead of Feb. 28
InvestorPlace· 2024-02-16 19:18
Many investors’ favorite meme stock AMC Entertainment (NYSE:AMC) is set to report earnings on Feb. 28. This upcoming earnings report should include some fireworks, and AMC stock is making a nice move heading into this report. Since bottoming below $3.60 per share earlier this month, shares of the movie theater giant have moved more than 30% higher, as investors appear to be looking for some sort of catalyst coming out of these earnings.In a recent tweet, AMC’s CEO Adam Aron pointed to the company’s upcoming ...
AMC's stock has tumbled. CEO Adam Aron says he'll ‘have much to say' on the company's Q4 earnings call.
Market Watch· 2024-02-16 12:56
Shares of AMC Entertainment Holdings Inc. have hit a series of record lows recently. AMC CEO Adam Aron says that he will “have much to say” about “what is going on” when the company reports its fourth-quarter results on Feb. 28.  “AMC will announce q4 and full year 2023 earnings Feb 28 at 5:00 pm EST,” he wrote on X, formerly known as Twitter, late Thursday. “I realize many of you have wanted my take as to what is going on, but the best time to do so is on this year ending earnings call. Listen to the we ...
Express's stock jumps 30% but is still down 38% on the week amid bankruptcy concerns
Market Watch· 2024-02-15 17:04
Express Inc.’s stock was up 29% on Thursday, but was still down 38% on the week, amid concerns that the troubled clothing retailer may be close to filing for bankruptcy. Express has hired M3 and law firm Kirkland & Ellis to advise it on the restructuring of nearly $280 million of debt that has become challenging to cover amid declining sales, the Wall Street Journal reported earlier this week. The... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from ...
Exit Now! 3 Meme Stocks to Sell in February 2024
InvestorPlace· 2024-02-14 17:10
Without a doubt, the meme-stock craze is over for the most part. Nearly all of the former meme favorites, from Gamestop (NYSE:GME) to Ocugen (NASDAQ:OCGN) to Vinco Ventures (OTC:BBIG), have lost the lion’s share of their peak values and are currently struggling, both from a fundamental perspective and in terms of their stock prices. Still, some names that are arguably meme stocks continue to sport high stock prices and lofty valuations. Many of these equities are in the crypto space. But there are a few out ...
AMC Entertainment (AMC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-02-14 00:16
The latest trading session saw AMC Entertainment (AMC) ending at $4.49, denoting a -1.54% adjustment from its last day's close. This change lagged the S&P 500's 1.37% loss on the day. Elsewhere, the Dow saw a downswing of 1.35%, while the tech-heavy Nasdaq depreciated by 1.8%.The the stock of movie theater operator has by 0% in the past month, lagging the Consumer Discretionary sector's gain of 4.58% and the S&P 500's gain of 5.1%.The upcoming earnings release of AMC Entertainment will be of great interest ...
AMC shares up more than 5%, set for longest winning streak since December
Market Watch· 2024-02-12 19:55
Shares of AMC Entertainment Holdings Inc. are up 5.9% Monday, putting the stock on pace to extend its winning streak to three days, its longest since a four-day streak that ended on Dec. 28, 2023. The stock is currently up four of the last five days, and short interest as a percentage of AMC’s AMC, +4.17% public float of shares is 10.9%. Related: AMC’s stock rallies more than 10% for biggest gain since August The movie-theater chain and original meme stock has hit a series of record lows recently but ral ...
Even AMC Stock's Die-Hard Investors Are Losing Interest as Challenges Persist
InvestorPlace· 2024-02-12 18:14
Few companies have a more loyal following than AMC Entertainment (NYSE:AMC). The movie theater chain is consistently one of the most popular stocks among social media communities. Even though AMC stock hasn’t been able to come close to the short squeeze momentum it experienced in 2021 and 2022, loyal investors have still stood by it. AMC’s fanbase is so loyal, in fact, that commentators like Charles Gasparino have compared it to a cult. Gasparino has cited retail investors’ unfaltering dedication to the sto ...
TOP Financial's stock slides after Hong Kong-based company saw huge gains
Market Watch· 2024-02-12 13:57
Shares of TOP Financial Group Ltd. fell 12.2% in premarket trades after ending Friday’s session up 64.8% — the biggest daily percentage gain since April 28, 2023 when the stock rose 441.1%. The stock surged on trading volume of 72.63 million shares Friday, well above its 65-day trading volume of 1.26 million shares, and was halted for volatility during the session. On Monday morning, more than 500,000 shares changed hands. Short interest as a percentage of TOP Financial’s TOP, +64.83% public float of sha ...
3 Meme Stocks to Buy on the Dip: February 2024
InvestorPlace· 2024-02-11 20:09
In the beginning, meme stocks to buy pitted the bulls against the bears. The market was without form and void of the knowledge of social media. That is until the hedge funds fooled around and found out.However, those days seem to be long gone. Sure, you will always find people willing to speculate on popular, social-media-driven enterprises. But the zenith of the wild movement appears to be firmly in the rearview mirror. Still, that’s not going to stop folks from trying to get something going.If I’ve learne ...
National CineMedia Announces Gold House as Official Non-profit Partner of the 2024 Cannes Lions Young Lions Competition
Businesswire· 2024-02-07 13:00
NEW YORK--(BUSINESS WIRE)--National CineMedia (NCM), the US Representative for the Cannes Lions International Festival of Creativity and the largest cinema advertising platform in the country, announces Gold House, the leading cultural ecosystem that unites, invests in, and champions Asian Pacific creators and companies, as the official non-profit partner for the 2024 US Young Lions competition. Gold House is featured in the 2024 Young Lions competition brief which is available to young professionals bor ...