_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 a levels 2021 consultation 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
_2021-a-levels-are-cancelled-everything-you-need-to-know.webp "Akshi Kumar")
_jimmy-james-has-died-aged-84.webp "The Vagabonds frontman Jimmy James has passed away at the age of 84 after he was diagnosed with Parkinson's disease and a heart disease in 2021.")
_igcse39s-amp-international-a-level39s-cancelled-by-oxford-aqa-amp-edexcel-ofqual-consultation-update.webp "ateamacad")
⏲ 7 minutes 17 seconds 👁 806
_gcse-and-a-level-results-clinic-2021.webp "best-schools UK")
_get-your-story-straight-former-cbsa-president-john-ossowski-caught-in-a-lie-meeting-gc-strategies.webp "this guy's garage")
⏲ 47 minutes 27 seconds 👁 10.8K
_washington-week-with-the-atlantic-full-episode-may-17-2024.webp "Washington Week PBS")
_moving-the-stone-of-remembrance.webp "The six-and-a-half tonne Stone of Remembrance has been moved back to its central place at the Australian War Memorial. It was moved aside in 2021 for the rebuild there. Watch how it was done.")
_the-nightcap-trump39s-defense-goes-on-attack-against-michael-cohen.webp "MSNBC")
_2021-a-levels-are-cancelled-everything-you-need-to-know.jpg)
_jimmy-james-has-died-aged-84.jpg)
_igcse39s-amp-international-a-level39s-cancelled-by-oxford-aqa-amp-edexcel-ofqual-consultation-update.jpg)
_gcse-and-a-level-results-clinic-2021.jpg)
_get-your-story-straight-former-cbsa-president-john-ossowski-caught-in-a-lie-meeting-gc-strategies.jpg)
_washington-week-with-the-atlantic-full-episode-may-17-2024.jpg)
_moving-the-stone-of-remembrance.jpg)
_the-nightcap-trump39s-defense-goes-on-attack-against-michael-cohen.jpg)
![[+]](/images/menu.gif){kind=small}