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March 10, 2021
U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:
March 4, 2021
MKM Partners believes that the recent pull back in stock price of Mattel, Inc. (NASDAQ: MAT) and the turnaround efforts provided favorable catalyst to upgrade from Neutral to a Buy rating. The firm has a price tag of $36 on the companys stocks. Since August 11 when the stock hit $34.12, shares of... Read More...
February 26, 2021
Cinemark CEO Mark Zoradi CEO Mark Zoradi called the coming reopening of New York theaters "a significant step forward in the recovery of our industry," on an earnings call where he also said the exhibition giant was "clearly open to M&A" after reporting a fourth-quarter loss. Cinema giant Cinemark Holdings swung to a loss for the fourth quarter due to the coronavirus pandemic but expressed confidence in a rebound in moviegoing once the virus is more contained. "The company’s financial results...
February 26, 2021
Cinemark Holdings Inc (CNK) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Cinemark Holdings Inc (NYSE: CNK) Popular Searches Operator Ladies and gentlemen, thank you for standing by. And welcome to the Cinemarks Fourth Quarter and Full Year 2020 Earnings Call. [Operator Instructions] After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that ...
February 23, 2021
Over the last few days, Hollywood took a trip to Las Vegas for the annual CinemaCon event. It was there that exhibitors from all around the country came to see what movies are going to be burning up their screens through the rest of the year and beyond. This is a studio-by-studio recap of the... Read More...
February 9, 2021
But any news will come from Rockstar - Grand Theft Auto V continues to sell at unprecedented pace, despite nearing its eig...
February 5, 2021
We Were All Cocky: AMC Investors Reflect on Their Bid to Take Stock to the Moon Gene Maddaus, provided by FacebookTwitterEmail For a brief moment, Aiden and his friends believed that they were investing gods. Aiden is a 20-year-old business student at San Diego State University. In recent months he and his friends have been drawn to the Reddit group WallStreetBets, where users trade stock tips and brag about their “diamond hands.” They bought GameStop and AMC Entertainment, two ailing comp...
February 5, 2021
Provided by Dow Jones By Maria Armental Activision Blizzard Inc. was among the best performers on the S&P 500 Friday with a 9.4% gain to $101.39, following record results in 2020 with more than $8 billion in revenue and $2 billion in profit and company executives bullish tone for 2021 and beyond. The last time the companys stock traded at those levels was in early 1984, according to FactSet. "We are entering 2021 with momentum across our largest franchises," Chief ...
January 28, 2021
Skip to main content AMC Theatres Shares Just Plunged More Than 50%. Whats Next for Stocks Roiled by Reddit? Rebecca Rubin, provided by FacebookTwitterEmail AMC Entertainment’s shares took a steep tumble Thursday, not yet a coda to the company’s frenetic stock market activity fueled by users on Reddit, TikTok, the app Robinhood and other social media platforms. AMC’s stock was down more than 50% on Thursday afternoon, one day after it surged more than 300% and skyrocketed to $20.31 per s...
January 20, 2021
Like last year, James Bond pic 'No Time to Die' might lead a slew of delays from studios as insiders strategize on how long it will take for box office to be revived.