Page 23 - Eric Wold News Today

Returning to the movies Herb Scribner © Alex Cochran, Deseret News Popcorn. Soda. Sticky floors. Loud monsters. We’re about to return to the movies. But what should we expect? Movie theaters have been open for a while. It was last summer when we started to see the major chains — from AMC to Cinemark to Regal — begin opening their doors to customers who wanted to watch a movie during the pandemic. Only a few major new movies have come out — from “Tenet” to “Mulan...

Markets In a report released today, Eric Wold from B.Riley Financial reiterated a Buy rating on Six Flags (SIX – Research Report), with a price target of $60.00. The company’s shares closed last Wednesday at $48.27, close to its 52-week high of $51.75. According to TipRanks.com, Wold is a 5-star analyst with an average return of 29.8% and a 63.3% success rate. Wold covers the Services sector, focusing on stocks such as Dolby Laboratories, National Cinemedia, and Cinemark Holdings. Six Flag...

SIX earnings call for the period ending April 28, 2021.

Studios aren’t panicking over the Paramount tentpole’s move from July to November as encouraging data shows more U.S. adults will return to theaters

Walt Disney Cos (NASDAQ: DIS) Warner Bros. is impressive, analyst Wold said in a note. The $48.5 million in box office revenues for "Godzilla vs. Kong" compares favorably to the $47.8 million opening weekend revenues notched up by "Godzilla: King of the Monsters" in May 2019, the analyst noted. These results, the analyst said, are very telling as the movie was available for free to HBO Max subscribers at the same time as the theatrical release. "We believe consumers want to leave the house an...

So what B. Riley Securities analyst Eric Wold lifted his rating on the movie theater companys stock from neutral to buy. He sees AMCs share price rising to $13, or roughly 23% higher than its closing price of $10.61. Investors bid up AMCs stock price Monday. Image source: Getty Images. Wolds upgrade came after the strong opening weekend performance of Godzilla vs. Kong. The movie racked up $48.5 million in domestic box office receipts, despite many theaters operating at significantly reduced c...

Noam Galai/WireImage A moviegoer enters the AMC Lincoln Square 13 movie theater on March 05, 2021 in New York City. The impressive $48.1 million domestic bow signals pent-up demand for moviegoing, but studio insiders caution against seeing a day-and-date release as the norm. The debut of Legendary and Warner Bros.’ Godzilla vs. Kong on HBO Max on March 31, the same day the big budget pic opened in theaters, became an afterthought when the monster showdown roared to a $48.1 million opening a...

Experts say "Godzilla vs. Kongs" pandemic-best opening shows promise for theaters, but urge caution.  The movie was also a hit on HBO Max, but WB plans to abandon day-and-date releases after this year. Still, a studio exec said WB is in talks with exhibitors to shorten the theatrical window. After more than a year, the US theatrical industry finally had some good news. "Godzilla vs. Kong," the new monster battle royale from Warner Bros. and Legendarys "MonsterVerse," earned $48.5 million at th...

Meme stock AMC Entertainment Holdings Inc (NYSE: AMC), which has had a volatile ride amid the WallStreetBets phenomena, is advancing strongly ...

Godzilla vs. Kong "Consumers want to leave the house and return to the theater," says B. Rileys Eric Wold, wondering if the tentpoles theatrical success could be "possibly an indication that Warner Bros. made the wrong decision" with its hybrid release strategy for its 2021 slate. Godzilla vs. Kong "destroys lingering concerns around theatrical window importance and demonstrates a solid path to resurgence" for cinema operators, B. Riley Securities analyst Eric Wold argued in a report on Monday...