“Our strategic investment being announced today is the result of our having identified a company in an unrelated industry that appears to be just like AMC of a year ago. It, too, has rock-solid assets, but for a variety of reasons, it has been facing a severe and immediate liquidity is...
Meme stocks sold off en masse today, despite the broad market's shallow gains.Rivian Automotive(NASDAQ: RIVN)andAMC Entertainment(NYSE: AMC)ended the day down 4.2% and 1%, respectively, according toS&P Global Market Intelligence, while shares ofGameStop(NYSE: GME)andRoblox(NYSE: RBLX)fell 2....
GameStop is the most talked-about stock on the Wall Street Bets subreddit this morning, which couldhave the follow-on effectof bringing AMC and the preferred shares along for the ride. GameStop and AMC are the two meme stocks most associated with the...
In: GameStop AMC Theatres Aimee Picchi Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Twitter ©...
Earlier this week,GameStop(NYSE:GME) reported second-quarter earnings,beating analyst estimateson sales growth and pushing up GME stock in the process. But the momentum hasn’t lasted. Instead, today brings reports that Executive Chairman Ryan Cohen is beinginvestigatedby the U.S. Securities and...
Today, July 12th, marks one thousand and ninety-four years since Æthelstan of Mercia proclaimed himself rex anglorum and brought a new political category into being. But this was not achieved simply through the unification of the Anglo-Saxon tribes: instead, July 12th, 927 is the day ...
ambitions are not just to digitize the physical canvases, that is a part of it, but those sensors, the experience, the way that we’re able to help understand what customers are doing in-store, that opens up a whole new world of opportunity that doesn’t exist in the same way today....
The all important Greeks for us to focus on today are Delta and Gamma. Delta is essentially how sensitive an options contract is to changes in the price of a stock and luckily it’s very easy to grasp. If the Delta of your option contract (nearly all options trading platforms will have...
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What happenedA tough day for the broad market is proving to be a brutal one for a handful of the market's most watched and most speculative names. Meme stocks GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) are down 16.5% and 17.1%, respectively,