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7 Movie Stocks Ready for the #AMCArmy's Finale

What has driven the #AMCArmy of retail investors to drive the share price of AMC sky high has been the fact that the world's largest movie theatre chain was pushed to the edge of bankruptcy by the Covid-19 pandemic. But AMC's problems are not unique. The entire movie industry, from production to exhibition, has been devastated by the pandemic and many companies have struggled just like AMC.More From InvestorPlace Stock Prodigy Who Found NIO at...
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Source: msn.com

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Need to Know: There's something different about the meme-stock sequel

By Steve Goldstein valerie macon/Agence France-Presse/Getty Images The meme-stock madness has returned, but it’s a little bit different this time. First, the similarities. AMC Entertainment (AMC), the movie-chain operator, shot up 36% on Thursday, and has more than doubled over the last four days. There is, of course, no fundamental news to drive such a rapid rise, and by contrast, Cineworld Group (CNWGY), an operator of U.S. and U.K. theaters, is up 8% over the last five days. Short sellers ...
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London close: Stocks mixed at end of quiet Wednesday

London close: Stocks mixed at end of quiet Wednesday Wed, 26th May 2021 16:18 (Sharecast News) - London stocks finished in a mixed state on Wednesday, as investors digested the latest comments from Federal Reserve officials and sifted through corporate news. The FTSE 100 ended the session down 0.04% at 7,026.93, while the FTSE 250 was 0.9% higher at 22,640.08. Sterling was heading in different directions as well, last trading 0.21% weaker against the dollar at $1.4123, while gaining 0.22% on th...
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Source: lse.co.uk

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