_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 danielle sellers 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
_knife-party-centipede.webp "Directed by: Elliott Sellers nAD: Bryan Dos ReisnProduced by: Jack RichardsonnCinematography by: Elliott SellersnGaffer: Charlie Balch nProduction Design: Tyler Jensen nEdited & Colored by: Elliott SellersnVisual FX: Sota Productions n3d Artist: Hunter SchmidtnProd. Company: The MassesnRep: Danielle Hinde nnStarring Wyatt Denny as The Exterminator nAlso featuring Marjorie LeWit")
_love-island-danielle-and-chyna-found-dating-life-tough-after-the-villa.webp "On Demand Entertainment")
⏲ 5 minutes 29 seconds 👁 1.8K
_love-island39s-danielle-sellers-reveal-how-intense-the-show-really-is-124-lorraine.webp "Lorraine")
⏲ 5 minutes 52 seconds 👁 102K
_mike-thalassitis-amp-danielle-sellers-itv-gala-2017-by-winkball.webp "WinkBall Interviews")
_danielle-sellers-leaves-nothing-to-the-imagination-at-beauty-awards.webp "Rusalke Rusalke Rusalke")
_collins-beats-azarenka-to-reach-italian-open-semis.webp "Danielle Collins beats Victoria Azarenka in straight sets to reach the Italian Open semi-finals.")
_vlog-spend-a-week-in-my-life-with-me.webp "Danielle Justine")
_knife-party-centipede.jpg)
_love-island-danielle-and-chyna-found-dating-life-tough-after-the-villa.jpg)
_love-island39s-danielle-sellers-reveal-how-intense-the-show-really-is-124-lorraine.jpg)
_mike-thalassitis-amp-danielle-sellers-itv-gala-2017-by-winkball.jpg)
_danielle-sellers-leaves-nothing-to-the-imagination-at-beauty-awards.jpg)
_collins-beats-azarenka-to-reach-italian-open-semis.jpg)
_vlog-spend-a-week-in-my-life-with-me.jpg)
![[+]](/images/menu.gif){kind=small}