Previous Close | 1.7000 |
Open | 1.7000 |
Bid | 1.5600 |
Ask | 1.9100 |
Strike | 2.00 |
Expire Date | 2025-01-17 |
Day's Range | 1.7000 - 1.8800 |
Contract Range | N/A |
Volume | |
Open Interest | 1.08k |
Shares of AMC Entertainment (AMC) are moving slightly after the company posted its first quarter report revealing revenue of $951.4 million, beating an expected $870.86 million, with $0.78 diluted loss per share versus an expected $0.79. Chairman and CEO Adam Aron commented in the report that some of the numbers are due to lagging effects from the 2023 Hollywood strikes, but is confident about the lineup of new movies and success from the distribution of Taylor Swift and Beyoncé concert films. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development for AMC and what it could mean for the stock moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
The stock continues to live below a very important technical level on its weekly chart: the 10-week moving average.