_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 stock quote ixus 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
_top-3-ai-stocks-i39m-buying-now-as-nvidia-stock-crashes.webp "Ticker Symbol: YOU")
_36ixus-etf-ishares-core-msci-total-international-stock-etf-ixus.webp "ETFai")
_39you-ready39-trump-rattles-off-quotes-from-legal-scholars-and-pundits-in-his-defense.webp "In remarks outside his NYC hush money trial, former President Trump read quotes of people defending him.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
_3-great-etfs-that-can-play-a-supporting-role-in-your-portfolio.webp "Morningstar, Inc.")
_reddit-stock-rises-on-partnership-with-openai-the-details.webp "In a new blog post, Reddit and OpenAI announced a partnership that will give OpenAI’s ChatGPT access to Reddit threads and enable Reddit users to use new AI-powered features. The two companies will also collaborate on advertising.")
_9-best-international-etfs-to-buy-6-from-vanguard-in-2024.webp "Optimized Portfolio")
_my-top-3-secret-stocks-to-get-rich-without-getting-lucky.webp "Ticker Symbol: YOU")
_lost-civilizations-archaeologists-can39t-explain.webp "Imagine ancient civilizations that straight-up vanished, leaving behind nothing but mysteries and unanswered questions. We're talking about places like the lost city of Atlantis or the enigmatic Nazca lines in Peru. These places have got archaeologists scratching their heads and diving deep into the history books, trying to piece together what went down. And let's not forget about the Mayans and their mind-blowing temples hidden deep in the jungle—how did they build those things without modern tech? It's like stepping into a real-life adventure movie, and we're all just along for the ride!Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_top-3-ai-stocks-i39m-buying-now-as-nvidia-stock-crashes.jpg)
_36ixus-etf-ishares-core-msci-total-international-stock-etf-ixus.jpg)
_39you-ready39-trump-rattles-off-quotes-from-legal-scholars-and-pundits-in-his-defense.jpg)
_3-great-etfs-that-can-play-a-supporting-role-in-your-portfolio.jpg)
_reddit-stock-rises-on-partnership-with-openai-the-details.jpg)
_9-best-international-etfs-to-buy-6-from-vanguard-in-2024.jpg)
_my-top-3-secret-stocks-to-get-rich-without-getting-lucky.jpg)
_lost-civilizations-archaeologists-can39t-explain.jpg)
![[+]](/images/menu.gif){kind=small}