DZEnterprise personal page - To The Moon

DZEnterprise

DZEnterprise

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12-17

‌i m re-cooked, thanks AA

10-22

‌$Quantum Biopharma Ltd.(QNTM)$ ‌here comes the spoofers again selling to 1 another

10-03

$Palantir Technologies Inc.(PLTR)$ any1 old posters here still remember the clown @boonchong?

09-19

‌$GameStop(GME)$ ‌hahahahaahaha, anything also can be a good enuff reason to give a good SHORT for GME, moreeeeeee dips. come come

08-13

‌$FSD Pharma Inc(HUGE)$ ‌ always this same play, short into ground, change cusip number as if everything no need to be accountable and buy back. wth

07-30

oh boy, the crybaby, whiny blondie is back

Ackman's Pershing Square Fund Sets $2 Bln Target for US IPO

07-26

andrew 'nothing' left, give him rat cage treatment.

US Sues Citron Capital and Founder Andrew Left for Alleged Market Manipulation

07-20

$Palantir Technologies Inc.(PLTR)$ where is the bear trap at 26.6 ! without bear traps, how are the institutions push pltr into 32+, not their style to just buybuybuy and let retails win together

06-28

‌$FSD Pharma Inc(HUGE)$ ‌dafug AGAIN market makers. cant even give me a full 15mins of enjoyment b4 wrecking the price back to the lava. 7.40 EDT 28june

06-13

clownified - andrew "nothing" left

Citron Research Closes GameStop Short Position

05-03

bad AI auto posting

GameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors

04-15

‌$GameStop(GME)$ ‌they are sending the gamers to wars soon? no more consumers for this retail chain anymore :(

04-11

thanks for the free exposures and u are not a kat

GME Stock Analysis: GameStop Profits Mean Nothing When Your Business Is Dying

03-18

‌$Marathon Digital Holdings Inc(MARA)$ ‌daily turnover rate too exciting.

03-13

‌$Atossa Genetics(ATOS)$ ‌whelp, don't wash sales too early at $1.3, do the washing after $1.9, jeez

03-01

hehehee, he can try selling those "performance" free shares b4 the clause-date is up. we want to see how he can bypass those like what he did with APreferedE shares.

Sorry, the original content has been removed

02-26

smlj, so fast print out bad news on -ve EPS, want assistance to sell more puts? not finiancial advise, winkwink

AMC set for Q4 share gains but expect a 'tumultuous' 2024, says Wedbush

02-12

seeking abracadebra

GameStop Slows The Bleeding, But Recovery Remains Unlikely

2023-12-20

‌$SOS Limited(SOS)$ ‌kukukuukuku, we should step up to $5

2023-12-19

‌$Plus Therapeutics, Inc.(PSTV)$ ‌time to go nuts, , squeese it over $3

Go to Tiger App to see more news

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m re-cooked, thanks AA","listText":"‌i m re-cooked, thanks AA","text":"‌i m re-cooked, thanks AA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382307775692936","isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362809608110392,"gmtCreate":1729612395685,"gmtModify":1729612399656,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/QNTM\">$Quantum Biopharma Ltd.(QNTM)$ &nbsp;</a>‌here comes the spoofers again selling to 1 another","listText":"‌<a href=\"https://laohu8.com/S/QNTM\">$Quantum Biopharma Ltd.(QNTM)$ &nbsp;</a>‌here comes the spoofers again selling to 1 another","text":"‌$Quantum Biopharma Ltd.(QNTM)$ ‌here comes the spoofers again selling to 1 another","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362809608110392","isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356021769445736,"gmtCreate":1727921463277,"gmtModify":1727921468003,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> any1 old posters here still remember the clown @boonchong?","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> any1 old posters here still remember the clown @boonchong?","text":"$Palantir Technologies Inc.(PLTR)$ any1 old posters here still remember the clown @boonchong?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/356021769445736","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3556863993604905","authorId":"3556863993604905","name":"你爸说","avatar":"https://static.tigerbbs.com/bdca3d23b123e444f94d268f36d55f72","crmLevel":1,"crmLevelSwitch":0,"idStr":"3556863993604905","authorIdStr":"3556863993604905"},"content":"He went into hiding...35yrs of experience nvr taught him well enough to make profits frm the market apparently","text":"He went into hiding...35yrs of experience nvr taught him well enough to make profits frm the market apparently","html":"He went into hiding...35yrs of experience nvr taught him well enough to make profits frm the market apparently"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350833697337552,"gmtCreate":1726678231413,"gmtModify":1726678235216,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$ &nbsp;</a>‌hahahahaahaha, anything also can be a good enuff reason to give a good SHORT for GME, moreeeeeee dips. come come","listText":"‌<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$ &nbsp;</a>‌hahahahaahaha, anything also can be a good enuff reason to give a good SHORT for GME, moreeeeeee dips. come come","text":"‌$GameStop(GME)$ ‌hahahahaahaha, anything also can be a good enuff reason to give a 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Inc(HUGE)$ &nbsp;</a>‌ always this same play, short into ground, change cusip number as if everything no need to be accountable and buy back. wth","text":"‌$FSD Pharma Inc(HUGE)$ ‌ always this same play, short into ground, change cusip number as if everything no need to be accountable and buy back. wth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/338082074366200","isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4119323526860582","authorId":"4119323526860582","name":"thisishanong","avatar":"https://community-static.tradeup.com/news/ff2f7a941caf0065f866b6bdf910201b","crmLevel":9,"crmLevelSwitch":0,"idStr":"4119323526860582","authorIdStr":"4119323526860582"},"content":"Wow, what do you mean? Care to share more?","text":"Wow, what do you mean? Care to share more?","html":"Wow, what do you mean? Care to share more?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333069536931888,"gmtCreate":1722343945231,"gmtModify":1722348592972,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"oh boy, the crybaby, whiny blondie is back","listText":"oh boy, the crybaby, whiny blondie is back","text":"oh boy, the crybaby, whiny blondie is back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333069536931888","repostId":"1143889116","repostType":2,"repost":{"id":"1143889116","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1722343800,"share":"https://ttm.financial/m/news/1143889116?lang=&edition=fundamental","pubTime":"2024-07-30 20:50","market":"us","language":"en","title":"Ackman's Pershing Square Fund Sets $2 Bln Target for US IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1143889116","media":"Reuters","summary":"July 30 (Reuters) - Bill Ackman's new fund said on Tuesday it was aiming to raise up to $2 billion in its initial public offering in the United States, drastically lower than its first target that wou","content":"<html><head></head><body><p>July 30 (Reuters) - Bill Ackman&#39;s new fund said on Tuesday it was aiming to raise up to $2 billion in its initial public offering in the United States, drastically lower than its first target that would have ranked among the biggest IPOs ever.</p><p>Pershing Square USA will look to sell up to 40 million shares priced at $50 each. It was initially expected to bring in as much as $25 billion in new capital, but Ackman last week said the fundraise would be capped at $10 billion.</p><p>Ackman, a prolific investor with a vast social media following, is one of the most public faces in the hedge fund industry. He often uses his account on X to weigh on topics ranging from political battles to higher education.</p><p>Earlier this year, he led a campaign criticizing Harvard University after turmoil over practices related to antisemitism, plagiarism and financial management.</p><p>He was also backing on his popularity among retail investors to support the fund. But potential shareholders expressed some concerns about its structure, how quickly the cash would be invested and who would do the investing.</p><p>The fund has said it will acquire and hold positions in 12 to 15 large capitalization, investment grade, free-cash-flow-generative undervalued companies in North America.</p><p>It is aiming for a listing on the New York Stock Exchange under the symbol &#34;PSUS.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ackman's Pershing Square Fund Sets $2 Bln Target for US IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAckman's Pershing Square Fund Sets $2 Bln Target for US IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-07-30 20:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 30 (Reuters) - Bill Ackman&#39;s new fund said on Tuesday it was aiming to raise up to $2 billion in its initial public offering in the United States, drastically lower than its first target that would have ranked among the biggest IPOs ever.</p><p>Pershing Square USA will look to sell up to 40 million shares priced at $50 each. It was initially expected to bring in as much as $25 billion in new capital, but Ackman last week said the fundraise would be capped at $10 billion.</p><p>Ackman, a prolific investor with a vast social media following, is one of the most public faces in the hedge fund industry. He often uses his account on X to weigh on topics ranging from political battles to higher education.</p><p>Earlier this year, he led a campaign criticizing Harvard University after turmoil over practices related to antisemitism, plagiarism and financial management.</p><p>He was also backing on his popularity among retail investors to support the fund. But potential shareholders expressed some concerns about its structure, how quickly the cash would be invested and who would do the investing.</p><p>The fund has said it will acquire and hold positions in 12 to 15 large capitalization, investment grade, free-cash-flow-generative undervalued companies in North America.</p><p>It is aiming for a listing on the New York Stock Exchange under the symbol &#34;PSUS.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PSUS":"Pershing Square USA, Ltd."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143889116","content_text":"July 30 (Reuters) - Bill Ackman's new fund said on Tuesday it was aiming to raise up to $2 billion in its initial public offering in the United States, drastically lower than its first target that would have ranked among the biggest IPOs ever.Pershing Square USA will look to sell up to 40 million shares priced at $50 each. It was initially expected to bring in as much as $25 billion in new capital, but Ackman last week said the fundraise would be capped at $10 billion.Ackman, a prolific investor with a vast social media following, is one of the most public faces in the hedge fund industry. He often uses his account on X to weigh on topics ranging from political battles to higher education.Earlier this year, he led a campaign criticizing Harvard University after turmoil over practices related to antisemitism, plagiarism and financial management.He was also backing on his popularity among retail investors to support the fund. But potential shareholders expressed some concerns about its structure, how quickly the cash would be invested and who would do the investing.The fund has said it will acquire and hold positions in 12 to 15 large capitalization, investment grade, free-cash-flow-generative undervalued companies in North America.It is aiming for a listing on the New York Stock Exchange under the symbol \"PSUS.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":331742692978840,"gmtCreate":1721999419790,"gmtModify":1721999887924,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"andrew 'nothing' left, give him rat cage treatment.","listText":"andrew 'nothing' left, give him rat cage treatment.","text":"andrew 'nothing' left, give him rat cage treatment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/331742692978840","repostId":"2454349805","repostType":2,"repost":{"id":"2454349805","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1721998414,"share":"https://ttm.financial/m/news/2454349805?lang=&edition=fundamental","pubTime":"2024-07-26 20:53","market":"us","language":"en","title":"US Sues Citron Capital and Founder Andrew Left for Alleged Market Manipulation","url":"https://stock-news.laohu8.com/highlight/detail?id=2454349805","media":"Reuters","summary":"(Adds detail in paragraphs 2-3)      July 26 (Reuters) - The U.S. Securities and Exchange Commission and the Department of Justice on Friday sued short seller Citron Research and its founder Andrew Le","content":"<html><head></head><body><p>(Reuters) - The U.S. Securities and Exchange Commission and the Department of Justice on Friday sued short seller Citron Research and its founder Andrew Left for alleged securities fraud.</p><p>Left used his social media platforms on at least 26 occasions to publicly recommend taking a position in companies, only for him to reverse his firm&#39;s position once the stocks moved, the SEC alleged.</p><p>The Justice Department also charged Left with one count of engaging in a securities fraud scheme, 17 counts of securities fraud and one count of making false statements to federal investigators.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Sues Citron Capital and Founder Andrew Left for Alleged Market Manipulation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Sues Citron Capital and Founder Andrew Left for Alleged Market Manipulation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-07-26 20:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The U.S. Securities and Exchange Commission and the Department of Justice on Friday sued short seller Citron Research and its founder Andrew Left for alleged securities fraud.</p><p>Left used his social media platforms on at least 26 occasions to publicly recommend taking a position in companies, only for him to reverse his firm&#39;s position once the stocks moved, the SEC alleged.</p><p>The Justice Department also charged Left with one count of engaging in a securities fraud scheme, 17 counts of securities fraud and one count of making false statements to federal investigators.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2454349805","content_text":"(Reuters) - The U.S. Securities and Exchange Commission and the Department of Justice on Friday sued short seller Citron Research and its founder Andrew Left for alleged securities fraud.Left used his social media platforms on at least 26 occasions to publicly recommend taking a position in companies, only for him to reverse his firm's position once the stocks moved, the SEC alleged.The Justice Department also charged Left with one count of engaging in a securities fraud scheme, 17 counts of securities fraud and one count of making false statements to federal investigators.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329342358200568,"gmtCreate":1721411634232,"gmtModify":1721455341613,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ &nbsp;</a>where is the bear trap at 26.6 ! without&nbsp;bear traps, how are the institutions push pltr into 32+, not their style to just buybuybuy and let retails win together","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ &nbsp;</a>where is the bear trap at 26.6 ! without&nbsp;bear traps, how are the institutions push pltr into 32+, not their style to just buybuybuy and let retails win together","text":"$Palantir Technologies Inc.(PLTR)$ where is the bear trap at 26.6 ! without bear traps, how are the institutions push pltr into 32+, not their style to just buybuybuy and let retails win together","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/329342358200568","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"prediction hit 1 week later but after this we need Alex wizard and to hype this stock to 35","text":"prediction hit 1 week later but after this we need Alex wizard and to hype this stock to 35","html":"prediction hit 1 week later but after this we need Alex wizard and to hype this stock to 35"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321719431028936,"gmtCreate":1719575270409,"gmtModify":1719575277363,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/HUGE\">$FSD Pharma Inc(HUGE)$ &nbsp;</a>‌dafug AGAIN market makers. cant even give me a full 15mins of enjoyment b4 wrecking the price back to the lava. 7.40 EDT 28june","listText":"‌<a href=\"https://laohu8.com/S/HUGE\">$FSD Pharma Inc(HUGE)$ &nbsp;</a>‌dafug AGAIN market makers. cant even give me a full 15mins of enjoyment b4 wrecking the price back to the lava. 7.40 EDT 28june","text":"‌$FSD Pharma Inc(HUGE)$ ‌dafug AGAIN market makers. cant even give me a full 15mins of enjoyment b4 wrecking the price back to the lava. 7.40 EDT 28june","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/321719431028936","isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316126412521728,"gmtCreate":1718209010618,"gmtModify":1718209014613,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"clownified - andrew \"nothing\" left","listText":"clownified - andrew \"nothing\" left","text":"clownified - andrew \"nothing\" left","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/316126412521728","repostId":"1106685570","repostType":2,"repost":{"id":"1106685570","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1718204968,"share":"https://ttm.financial/m/news/1106685570?lang=&edition=fundamental","pubTime":"2024-06-12 23:09","market":"us","language":"en","title":"Citron Research Closes GameStop Short Position","url":"https://stock-news.laohu8.com/highlight/detail?id=1106685570","media":"Reuters","summary":"Citron Research no longer has a short position in retail traders' favorite GameStop, the short seller said on X.com on Wednesday, days after taking a bearish position in the company.Andrew Left, Citro","content":"<html><head></head><body><p>Citron Research no longer has a short position in retail traders&#39; favorite GameStop, the short seller said on X.com on Wednesday, days after taking a bearish position in the company.</p><p>Andrew Left, Citron Research&#39;s founder, had said last week he was again betting against GameStop, although his position was &#34;significantly lower&#34; from 2021 when he was forced to close his position after retail traders banded together in online forums and drove an eye popping rally in the stock, squeezing hedge funds.</p><p>Left told Reuters he would short GameStop again if the stock reached a $45-$50 level. He said Citron closed the short position at a profit, although he did not disclose the size.</p><p>GameStop had about $1 billion in cash as of May 4.</p><p>The company said it had raised $2.14 billion in gross proceeds from the stock sale it announced last week, after raising $933.4 million in May, as it capitalized on the meme stocks rally sparked by the return of stock influencer &#34;Roaring Kitty&#34; Keith Gill following a three-year hiatus.</p><p>&#34;It&#39;s not because we believe in a turnaround for the company fundamentals will ever happen, but with $4 billion in the bank, they have enough runway to appease their cult like shareholders,&#34; Citron said in the tweet.</p><p>The struggling videogame retailer said it intends to use the capital for general corporate purposes.</p><p>The company&#39;s stock rose 5.3% to $32.1 on Wednesday. The stock has declined 34% in value since Gill&#39;s livestream on Friday failed to spark investor enthusiasm, but it has still gained 70% from mid-May when the key figure that sparked the Reddit frenzy resurfaced on X.com.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8ee3475c72251eaaec3b6d95dfaae38\" title=\"\" tg-width=\"455\" tg-height=\"394\"/></p><p>GameStop has not earned a profit since the fiscal year ended February 2018, as business at its brick-and-mortar stores were sapped by the shift to online gaming.</p><p>&#34;Whether they are able to use (the capital) to turn this into a profitable business model, (we will) only know in the future,&#34; said Art Hogan, chief market strategist at B. Riley Financial.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citron Research Closes GameStop Short Position</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCitron Research Closes GameStop Short Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-06-12 23:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Citron Research no longer has a short position in retail traders&#39; favorite GameStop, the short seller said on X.com on Wednesday, days after taking a bearish position in the company.</p><p>Andrew Left, Citron Research&#39;s founder, had said last week he was again betting against GameStop, although his position was &#34;significantly lower&#34; from 2021 when he was forced to close his position after retail traders banded together in online forums and drove an eye popping rally in the stock, squeezing hedge funds.</p><p>Left told Reuters he would short GameStop again if the stock reached a $45-$50 level. He said Citron closed the short position at a profit, although he did not disclose the size.</p><p>GameStop had about $1 billion in cash as of May 4.</p><p>The company said it had raised $2.14 billion in gross proceeds from the stock sale it announced last week, after raising $933.4 million in May, as it capitalized on the meme stocks rally sparked by the return of stock influencer &#34;Roaring Kitty&#34; Keith Gill following a three-year hiatus.</p><p>&#34;It&#39;s not because we believe in a turnaround for the company fundamentals will ever happen, but with $4 billion in the bank, they have enough runway to appease their cult like shareholders,&#34; Citron said in the tweet.</p><p>The struggling videogame retailer said it intends to use the capital for general corporate purposes.</p><p>The company&#39;s stock rose 5.3% to $32.1 on Wednesday. The stock has declined 34% in value since Gill&#39;s livestream on Friday failed to spark investor enthusiasm, but it has still gained 70% from mid-May when the key figure that sparked the Reddit frenzy resurfaced on X.com.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a8ee3475c72251eaaec3b6d95dfaae38\" title=\"\" tg-width=\"455\" tg-height=\"394\"/></p><p>GameStop has not earned a profit since the fiscal year ended February 2018, as business at its brick-and-mortar stores were sapped by the shift to online gaming.</p><p>&#34;Whether they are able to use (the capital) to turn this into a profitable business model, (we will) only know in the future,&#34; said Art Hogan, chief market strategist at B. Riley Financial.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106685570","content_text":"Citron Research no longer has a short position in retail traders' favorite GameStop, the short seller said on X.com on Wednesday, days after taking a bearish position in the company.Andrew Left, Citron Research's founder, had said last week he was again betting against GameStop, although his position was \"significantly lower\" from 2021 when he was forced to close his position after retail traders banded together in online forums and drove an eye popping rally in the stock, squeezing hedge funds.Left told Reuters he would short GameStop again if the stock reached a $45-$50 level. He said Citron closed the short position at a profit, although he did not disclose the size.GameStop had about $1 billion in cash as of May 4.The company said it had raised $2.14 billion in gross proceeds from the stock sale it announced last week, after raising $933.4 million in May, as it capitalized on the meme stocks rally sparked by the return of stock influencer \"Roaring Kitty\" Keith Gill following a three-year hiatus.\"It's not because we believe in a turnaround for the company fundamentals will ever happen, but with $4 billion in the bank, they have enough runway to appease their cult like shareholders,\" Citron said in the tweet.The struggling videogame retailer said it intends to use the capital for general corporate purposes.The company's stock rose 5.3% to $32.1 on Wednesday. The stock has declined 34% in value since Gill's livestream on Friday failed to spark investor enthusiasm, but it has still gained 70% from mid-May when the key figure that sparked the Reddit frenzy resurfaced on X.com.GameStop has not earned a profit since the fiscal year ended February 2018, as business at its brick-and-mortar stores were sapped by the shift to online gaming.\"Whether they are able to use (the capital) to turn this into a profitable business model, (we will) only know in the future,\" said Art Hogan, chief market strategist at B. Riley Financial.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301673956077704,"gmtCreate":1714670290765,"gmtModify":1714670294762,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"bad AI auto posting","listText":"bad AI auto posting","text":"bad AI auto posting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301673956077704","repostId":"2432658352","repostType":2,"repost":{"id":"2432658352","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1714595580,"share":"https://ttm.financial/m/news/2432658352?lang=&edition=fundamental","pubTime":"2024-05-02 04:33","market":"nz","language":"en","title":"GameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2432658352","media":"Dow Jones","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of GameStop Corp. Cl A  shed 1.62% to $10.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.23% to 37,903.29 and the S&P 500 Index  falling 0.34% to 5,018.39.This was the stock's third consecutive day of losses.GameStop Corp. Cl A closed $16.74 below its 52-week high , which the company achieved on June 13th.The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.  fell 0.60% to $169.30, AT&T Inc.  rose 0.18% to $16.92, and Best Buy Co. Inc.  fell 2.19% to $72.03.Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ GameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of GameStop Corp. Cl A <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> shed 1.62% to $10.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.23% to 37,903.29 and the S&amp;P 500 Index  falling 0.34% to 5,018.39. \n</p>\n<p>\n     This was the stock's third consecutive day of losses. \n</p>\n<p>\n     GameStop Corp. Cl A closed $16.74 below its 52-week high ($27.65), which the company achieved on June 13th. \n</p>\n<p>\n     The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fell 0.60% to $169.30, AT&amp;T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a> rose 0.18% to $16.92, and Best Buy Co. Inc. <a href=\"https://laohu8.com/S/BBY\">$(BBY)$</a> fell 2.19% to $72.03. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 01, 2024 16:33 ET (20:33 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-02 04:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ GameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     Shares of GameStop Corp. Cl A <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> shed 1.62% to $10.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.23% to 37,903.29 and the S&amp;P 500 Index  falling 0.34% to 5,018.39. \n</p>\n<p>\n     This was the stock's third consecutive day of losses. \n</p>\n<p>\n     GameStop Corp. Cl A closed $16.74 below its 52-week high ($27.65), which the company achieved on June 13th. \n</p>\n<p>\n     The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> fell 0.60% to $169.30, AT&amp;T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a> rose 0.18% to $16.92, and Best Buy Co. Inc. <a href=\"https://laohu8.com/S/BBY\">$(BBY)$</a> fell 2.19% to $72.03. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 01, 2024 16:33 ET (20:33 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1621767737.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (EUR) ACC","LU2384288077.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A-INS\" (EUR) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4559":"巴菲特持仓","LU1621767810.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A\" (EUR) INC","LU1621768206.USD":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1621768115.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"B\" (EUR) INC","BK4115":"综合电信业务","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BBY":"百思买","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4512":"苹果概念","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","AAPL":"苹果","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","T":"美国电话电报","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","GME":"游戏驿站","LU0072462426.USD":"贝莱德全球配置 A2","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4554":"元宇宙及AR概念","LU0080751232.USD":"富达环球多元动力基金A","BK4553":"喜马拉雅资本持仓","BK4567":"ESG概念","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432658352","content_text":"DJ GameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of GameStop Corp. Cl A $(GME)$ shed 1.62% to $10.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.23% to 37,903.29 and the S&P 500 Index  falling 0.34% to 5,018.39. \n\n\n     This was the stock's third consecutive day of losses. \n\n\n     GameStop Corp. Cl A closed $16.74 below its 52-week high ($27.65), which the company achieved on June 13th. \n\n\n     The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.60% to $169.30, AT&T Inc. $(T)$ rose 0.18% to $16.92, and Best Buy Co. Inc. $(BBY)$ fell 2.19% to $72.03. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 01, 2024 16:33 ET (20:33 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":295658026864824,"gmtCreate":1713192059987,"gmtModify":1713192181464,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$ &nbsp;</a>‌they are sending the gamers to wars soon? no more consumers for this retail chain anymore :(","listText":"‌<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$ &nbsp;</a>‌they are sending the gamers to wars soon? no more consumers for this retail chain anymore :(","text":"‌$GameStop(GME)$ ‌they are sending the gamers to wars soon? no more consumers for this retail chain anymore :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295658026864824","isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":294176040915184,"gmtCreate":1712843329191,"gmtModify":1712843332761,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"thanks for the free exposures and&nbsp;u are not a kat","listText":"thanks for the free exposures and&nbsp;u are not a kat","text":"thanks for the free exposures and u are not a kat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/294176040915184","repostId":"2426520632","repostType":2,"repost":{"id":"2426520632","kind":"highlight","pubTimestamp":1712840859,"share":"https://ttm.financial/m/news/2426520632?lang=&edition=fundamental","pubTime":"2024-04-11 21:07","market":"us","language":"en","title":"GME Stock Analysis: GameStop Profits Mean Nothing When Your Business Is Dying","url":"https://stock-news.laohu8.com/highlight/detail?id=2426520632","media":"InvestorPlace","summary":"After yet another disappointing earnings report GameStop stock is trading at prices not seen since the meme stock frenzy days.","content":"<html><body><article>\n<header>\n<div>\n<div>\n<ul>\n<li><strong>GameStop</strong> (<span><strong><u>GME</u></strong></span>) is on a three-year long slide that shows no sign of letting up just yet.</li>\n<li>Declining sales across all business segments indicate GameStop stock hasn’t found its bottom.</li>\n<li>Investors need to not equate price with value as cheap stocks are often cheap for a reason.</li>\n</ul>\n</div>\n<div></div>\n<figure>\n<div>\n<img decoding=\"async\" fetchpriority=\"high\" height=\"432\" sizes=\"(max-width: 768px) 100vw, 768px\" src=\"https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-768x432.png\" srcset=\"https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-768x432.png 768w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-300x169.png 300w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-200x113.png 200w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-400x225.png 400w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-116x65.png 116w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-100x56.png 100w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-89x50.png 89w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2-78x44.png 78w, https://investorplace.com/wp-content/uploads/2023/09/gme1600-2.png 1600w\" width=\"768\"/> </div>\n<figcaption>\n<p>Source: rafapress / Shutterstock.com</p>\n</figcaption>\n</figure>\n<div>\n<p>Video game retailer <strong>GameStop</strong> stock (NYSE:<span><strong><u>GME</u></strong></span>) can’t win for losing. Not even its first profit in four quarters could turn the tide of negative sentiment positive. The stock is down 37% in 2024 and has lost its half value over the past 12 months.</p>\n<p>The stock sold off sharply after reporting fourth-quarter earnings late last month, wiping out all the gains made in the build up to the release. And it continues dropping in the aftermath. Now another executive is thrown out of the C-suite on his ear as executive chairman Ryan Cohen tightens his control over the video game retailer.</p>\n<p><strong>GameStop</strong> stock is a slow motion car wreck that continues to spin out of control. It’s a crash that’s been going on for three straight years since its meme stock heydey, but is GME stock at the point where it’s simply too cheap to ignore? Let’s see.</p>\n<h2>A dwindling business</h2>\n<p>The first first thing GameStop investors need to do is rid themselves of the notion that price is value. As Warren Buffett once noted, “price is what you pay, value is what you get.” A cheap stock price doesn’t necessarily mean it’s a valuable stock you’re buying. So far, GameStop hasn’t proved to the market that what it offers is worth buying. The question is, can it ever offer investors something of value? </p>\n<p>It’s a hard argument to make. Across all of its segments GameStop sales are falling and they have been for several years. </p>\n<figure><table><tbody><tr><td><strong>Segment</strong></td><td><strong>% Change Q42023</strong></td><td><strong>% Change FY2023</strong></td><td><strong>% Change FY2022</strong></td></tr><tr><td><strong>Hardware &amp; Accessories</strong></td><td>(11.9%)</td><td>(4.6%)</td><td>(1%)</td></tr><tr><td><strong>Software</strong></td><td>(30.6%)</td><td>(16.5%) </td><td>(9.5%)</td></tr><tr><td><strong>Collectibles</strong></td><td>(25.4%)</td><td>(21.8%) </td><td>17.0%</td></tr></tbody></table><figcaption>Data source: GameStop SEC filings. Table by author.</figcaption></figure><p>Revenue tumbled almost 20% in the fourth quarter to $1.79 billion, and was well below the $2.05 billion Wall Street anticipated. While operating earnings were higher at $55.2 million, a 19% year-over-year gain, GameStop had cut its selling, general and administrative expenses by more than 20%. The $94 million it cut from SG&amp;A more than made up for the $9 million gain in operating profits. It was all driven by firing employees, eliminating consultant costs and limiting its marketing.</p>\n<p>GameStop is essentially hunkering down as its business spirals lower.</p>\n<h2>Clearing the decks</h2>\n<p>That explains why the video game retailer installed a revolving door in the executive suite. It helps get the management team out of the way. The latest to go was COO Nir Patel who joined GameStop in May 2022.</p>\n<p>In a filing with the SEC, the retailer said Patel’s separation was effective immediately and he wouldn’t be replaced. His responsibilities would be assumed by other executives. Last June GameStop fired CEO Mike Furlong and opted not to replace him too. Instead. Chairman Ryan Cohen was made executive chairman and he overseas the company’s day-to-day operations now.</p>\n<p><strong>GameStop</strong> stock also closed down nearly 300 stores last year, ending 2023 with 4,169 locations. That helps to preserve the retailer’s cash, equivalents and short-term investments that stands at $1.2 billion. It’s notable and positive GameStop has little to no long-term debt, other than a low-interest, unsecured term loan stemming back to the pandemic. That at least gives the video game stock some flexibility. </p>\n<h2>How low can it go?</h2>\n<p>So it is difficult to say GameStop’s stock is done falling. Although shares trade at a fraction of sales it sports a multiple hundreds of times earnings. That’s not necessarily uncommon for newly profitable stocks but it indicates there is an imbalance in the equilibrium between its business and the market. </p>\n<p>Wall Street has all but given up on covering the company but those that remain are not hopeful. Wedbush Securities analyst Michael Pachter recently lowered his price target to $6 per share. That’s not unreasonable.</p>\n<p>Where the bottom is is anyone’s guess. I’ll hazard it’s somewhere north of the $1 or so it was trading at prior to the meme stock frenzy, but well below its current $11 per share level.</p>\n<p><em>On the date of publication, Rich Duprey did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.</em></p>\n<div><p>Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L’Express, and numerous other news outlets.</p></div><div><p>Technology, Video Games</p></div><div><p>Meme Stocks</p></div> </div>\n<div>\n<div hidden=\"true\">\n<div>\n<svg fill=\"none\" height=\"32\" viewbox=\"0 0 261 32\" width=\"261\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M38.8652 7.49652H42.2492V25.7517H38.8652V7.49652ZM60.0112 7.49652H63.3142V25.7517H60.0921L50.9278 13.1733V25.7517H47.6248V7.49652H50.8469L60.0112 20.0749V7.49652ZM66.5201 7.49652H70.2279L75.4578 21.8955L80.7685 7.49652H84.3144L77.1417 25.7517H73.5957L66.5201 7.49652ZM87.4232 7.49652H100.457V10.5418H90.8072V15.0601H99.5019V18.1054H90.8072V22.7064H100.781V25.7517H87.4232V7.49652ZM113.637 10.8563C112.666 10.5253 111.872 10.3598 111.063 10.3598C110.253 10.3598 109.622 10.5253 109.136 10.8563C108.65 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value=\"\"/>\n<button>Submit</button>\n</form>\n</div>\n</div>\n</div>\n</div>\n<div>\n<hr/>\n<p>Article printed from InvestorPlace Media, https://investorplace.com/2024/04/gme-stock-analysis-gamestop-profits-mean-nothing-when-your-business-is-dying/.</p>\n<p>©2024 InvestorPlace Media, LLC</p>\n</div>\n</div>\n</header></article></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GME Stock Analysis: GameStop Profits Mean Nothing When Your Business Is Dying</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGME Stock Analysis: GameStop Profits Mean Nothing When Your Business Is Dying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-11 21:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/04/gme-stock-analysis-gamestop-profits-mean-nothing-when-your-business-is-dying/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (GME) is on a three-year long slide that shows no sign of letting up just yet.\nDeclining sales across all business segments indicate GameStop stock hasn’t found its bottom.\nInvestors need to ...</p>\n\n<a href=\"https://investorplace.com/2024/04/gme-stock-analysis-gamestop-profits-mean-nothing-when-your-business-is-dying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4076":"电脑与电子产品零售","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4577":"网络游戏","GME":"游戏驿站","BK4588":"碎股"},"source_url":"https://investorplace.com/2024/04/gme-stock-analysis-gamestop-profits-mean-nothing-when-your-business-is-dying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2426520632","content_text":"GameStop (GME) is on a three-year long slide that shows no sign of letting up just yet.\nDeclining sales across all business segments indicate GameStop stock hasn’t found its bottom.\nInvestors need to not equate price with value as cheap stocks are often cheap for a reason.\n\n\n\n\n\n \n\nSource: rafapress / Shutterstock.com\n\n\n\nVideo game retailer GameStop stock (NYSE:GME) can’t win for losing. Not even its first profit in four quarters could turn the tide of negative sentiment positive. The stock is down 37% in 2024 and has lost its half value over the past 12 months.\nThe stock sold off sharply after reporting fourth-quarter earnings late last month, wiping out all the gains made in the build up to the release. And it continues dropping in the aftermath. Now another executive is thrown out of the C-suite on his ear as executive chairman Ryan Cohen tightens his control over the video game retailer.\nGameStop stock is a slow motion car wreck that continues to spin out of control. It’s a crash that’s been going on for three straight years since its meme stock heydey, but is GME stock at the point where it’s simply too cheap to ignore? Let’s see.\nA dwindling business\nThe first first thing GameStop investors need to do is rid themselves of the notion that price is value. As Warren Buffett once noted, “price is what you pay, value is what you get.” A cheap stock price doesn’t necessarily mean it’s a valuable stock you’re buying. So far, GameStop hasn’t proved to the market that what it offers is worth buying. The question is, can it ever offer investors something of value? \nIt’s a hard argument to make. Across all of its segments GameStop sales are falling and they have been for several years. \nSegment% Change Q42023% Change FY2023% Change FY2022Hardware & Accessories(11.9%)(4.6%)(1%)Software(30.6%)(16.5%) (9.5%)Collectibles(25.4%)(21.8%) 17.0%Data source: GameStop SEC filings. Table by author.Revenue tumbled almost 20% in the fourth quarter to $1.79 billion, and was well below the $2.05 billion Wall Street anticipated. While operating earnings were higher at $55.2 million, a 19% year-over-year gain, GameStop had cut its selling, general and administrative expenses by more than 20%. The $94 million it cut from SG&A more than made up for the $9 million gain in operating profits. It was all driven by firing employees, eliminating consultant costs and limiting its marketing.\nGameStop is essentially hunkering down as its business spirals lower.\nClearing the decks\nThat explains why the video game retailer installed a revolving door in the executive suite. It helps get the management team out of the way. The latest to go was COO Nir Patel who joined GameStop in May 2022.\nIn a filing with the SEC, the retailer said Patel’s separation was effective immediately and he wouldn’t be replaced. His responsibilities would be assumed by other executives. Last June GameStop fired CEO Mike Furlong and opted not to replace him too. Instead. Chairman Ryan Cohen was made executive chairman and he overseas the company’s day-to-day operations now.\nGameStop stock also closed down nearly 300 stores last year, ending 2023 with 4,169 locations. That helps to preserve the retailer’s cash, equivalents and short-term investments that stands at $1.2 billion. It’s notable and positive GameStop has little to no long-term debt, other than a low-interest, unsecured term loan stemming back to the pandemic. That at least gives the video game stock some flexibility. \nHow low can it go?\nSo it is difficult to say GameStop’s stock is done falling. Although shares trade at a fraction of sales it sports a multiple hundreds of times earnings. That’s not necessarily uncommon for newly profitable stocks but it indicates there is an imbalance in the equilibrium between its business and the market. \nWall Street has all but given up on covering the company but those that remain are not hopeful. Wedbush Securities analyst Michael Pachter recently lowered his price target to $6 per share. That’s not unreasonable.\nWhere the bottom is is anyone’s guess. I’ll hazard it’s somewhere north of the $1 or so it was trading at prior to the meme stock frenzy, but well below its current $11 per share level.\nOn the date of publication, Rich Duprey did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nRich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L’Express, and numerous other news outlets.Technology, Video GamesMeme Stocks \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/gme-stock-analysis-gamestop-profits-mean-nothing-when-your-business-is-dying/.\n©2024 InvestorPlace Media, LLC","news_type":1},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":285635738534080,"gmtCreate":1710770106410,"gmtModify":1710770110288,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$ &nbsp;</a>‌daily turnover rate too exciting.","listText":"‌<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$ &nbsp;</a>‌daily turnover rate too exciting.","text":"‌$Marathon Digital Holdings Inc(MARA)$ ‌daily turnover rate too exciting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/285635738534080","isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":283941632372984,"gmtCreate":1710337615983,"gmtModify":1710337619688,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$ &nbsp;</a>‌whelp, don't wash sales too early at $1.3, do the washing after $1.9, jeez","listText":"‌<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$ &nbsp;</a>‌whelp, don't wash sales too early at $1.3, do the washing after $1.9, jeez","text":"‌$Atossa Genetics(ATOS)$ ‌whelp, don't wash sales too early at $1.3, do the washing after $1.9, jeez","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/283941632372984","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"damn, 1 step b4 1.9, it wash back into 1.6","text":"damn, 1 step b4 1.9, it wash back into 1.6","html":"damn, 1 step b4 1.9, it wash back into 1.6"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279372914450592,"gmtCreate":1709227890422,"gmtModify":1709227895276,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"hehehee, he can try selling those \"performance\" free shares b4 the clause-date is up.&nbsp; we want to see how he can bypass those like what he did with APreferedE shares.","listText":"hehehee, he can try selling those \"performance\" free shares b4 the clause-date is up.&nbsp; we want to see how he can bypass those like what he did with APreferedE shares.","text":"hehehee, he can try selling those \"performance\" free shares b4 the clause-date is up. we want to see how he can bypass those like what he did with APreferedE shares.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279372914450592","repostId":"2416521391","repostType":2,"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":278252646830192,"gmtCreate":1708960538957,"gmtModify":1708960543342,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"smlj, so fast print out bad news on -ve EPS, want assistance to sell more puts? not finiancial advise, winkwink","listText":"smlj, so fast print out bad news on -ve EPS, want assistance to sell more puts? not finiancial advise, winkwink","text":"smlj, so fast print out bad news on -ve EPS, want assistance to sell more puts? not finiancial advise, winkwink","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/278252646830192","repostId":"2414383800","repostType":2,"repost":{"id":"2414383800","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1708958880,"share":"https://ttm.financial/m/news/2414383800?lang=&edition=fundamental","pubTime":"2024-02-26 22:48","market":"hk","language":"en","title":"AMC set for Q4 share gains but expect a 'tumultuous' 2024, says Wedbush","url":"https://stock-news.laohu8.com/highlight/detail?id=2414383800","media":"Dow Jones","summary":"Movie theater chain and original meme stock AMC reports fourth-quarter results after market close on Wednesday.AMC Entertainment Holdings Inc. is set for share gains when it reports fourth-quarter results Wednesday, according to analyst firm Wedbush, although 2024 could be a \"tumultuous\" year for the movie-theater chain.\"AMC expanded its market share in 2023 and is positioned to maintain or expand further on its 22% market share with its vast network of premium large-format screens and concert movie distribution,\" Wedbush analyst Alicia Reese wrote in a note released Friday. AMC  also has an opportunity to drive revenue growth from its European circuit with theater upgrades that would boost per-screen averages, she added.AMC has net debt of $4.095 billion, according to Wedbush, which has a neutral rating and $6 price target for the movie theater","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC set for Q4 share gains but expect a 'tumultuous' 2024, says Wedbush\n</p>\n<p>\n  By James Rogers \n</p>\n<p>\n     Movie theater chain and original meme stock AMC reports fourth-quarter results after market close on Wednesday. \n</p>\n<p>\n     AMC Entertainment Holdings Inc. is set for share gains when it reports fourth-quarter results Wednesday, according to analyst firm Wedbush, although 2024 could be a \"tumultuous\" year for the movie-theater chain. \n</p>\n<p>\n     \"AMC expanded its market share in 2023 and is positioned to maintain or expand further on its 22% market share with its vast network of premium large-format screens and concert movie distribution,\" Wedbush analyst Alicia Reese wrote in a note released Friday. AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> also has an opportunity to drive revenue growth from its European circuit with theater upgrades that would boost per-screen averages, she added. \n</p>\n<p>\n     Underpinning AMC's share gains, the analyst pointed to the success of concert films \"Taylor Swift: The Eras Tour\" and \"Renaissance: A Film by Beyoncé.\" \n</p>\n<p>\n     Related: AMC hits another record low close, reflecting demise of its 'meme-stock' status \n</p>\n<p>\n     \"AMC likely gained market share in Q4:23 as it distributed the Taylor Swift and Beyonce concert films throughout its circuit and competitors' global circuits in the quarter,\" wrote Reese. \"We expect more alternative fare in 2024.\" \n</p>\n<p>\n     Analysts surveyed by FactSet expect AMC to report a fourth-quarter loss of 57 cents a share and revenue of $1.058 billion. \n</p>\n<p>\n     Wedbush's Reese cautioned that 2024 could be \"bumpy\" for AMC. \"2024 will likely be tumultuous, with pockets of strength offset by volume holes,\" she wrote. \"We estimate that 2024 North American box office will end down 7% YoY to $8.3 billion after a 21% YoY rise in 2023. We modeled 2025 up 20% YoY as many 2024 titles were delayed after the long SAG-AFTRA strike.\" \n</p>\n<p>\n     Related: AMC's stock has tumbled. CEO Adam Aron says he'll 'have much to say' on the company's Q4 earnings call. \n</p>\n<p>\n     Wedbush now thinks that AMC faces a first-quarter EBITDA loss given the \"soft slate through the first two months of the quarter\" although this will be partially offset by a strong March with the latest \"Dune\" movie likely outperforming on IMAX Corp. screens, according to Reese. \"AMC has the largest domestic footprint of IMAX screens,\" Reese added. \"We expect AMC to return to positive EBITDA through the balance of the year, and expand margins in 2025 over 2023.\" \n</p>\n<p>\n     But the analyst also pointed to AMC's debt load and the absence of a dividend. \"Our positive sentiment around further market share expansion and the opportunity to upgrade its European circuit is offset by the company's heavy debt load and lack of a dividend,\" Reese added. \"AMC is finally trading in line with its prememe historical multiple, albeit still at a significant premium to its competitors.\" \n</p>\n<p>\n     AMC has net debt of $4.095 billion, according to Wedbush, which has a neutral rating and $6 price target for the movie theater chain and original meme stock. \"AMC will likely continue to issue shares as it must service its debt and prepare for debt repayments coming due over the next three years ($5 million in 2024, $98 million in 2025, $2.9 billion in 2026, and $525 million in 2027),\" Reese wrote. \"AMC will seek to renegotiate debt terms before 2026.\" \n</p>\n<p>\n     Related: AMC's share price is 'so frustrating,' and strikes have 'ruined' early 2024 box office, CEO says \n</p>\n<p>\n     In December AMC completed its latest at-the-market equity offering, raising approximately $350 million as it attempts to reduce its debt burden, which was more than $5 billion in 2022. The equity offering, which was launched Nov. 9, and repurchased debt or exchanged debt for equity, reduced the company's liabilities by $62.28 million, AMC said. \n</p>\n<p>\n     Of seven analysts surveyed by FactSet, four have a hold rating and three have a sell rating for AMC. \n</p>\n<p>\n     AMC shares have fallen 33.9% in the last three months, compared with the S&amp;P 500 index's gain of 12%. Shares of the movie theater chain hit a record closing low of $3.67 on Feb. 5, reflecting the demise of the company's meme-stock status. The stock has since registered gains and ended Friday's session at $4.44. However, this is a far cry from the heady days of the meme-stock frenzy, when the company's shares hit an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data. \n</p>\n<p>\n     Related: AMC CEO sends Taylor Swift 'eternal gratitude' as Eras Tour concert film makes history \n</p>\n<p>\n     Earlier this month AMC CEO Adam Aron said that he will \"have much to say\" about \"what is going on\" when the company reports its fourth-quarter results. \n</p>\n<p>\n     \"AMC will announce q4 and full year 2023 earnings Feb 28 at 5:00 pm EST,\" he wrote on X, formerly known as Twitter, on Feb. 15. \"I realize many of you have wanted my take as to what is going on, but the best time to do so is on this year ending earnings call. Listen to the webcast. I'll have much to say.\" \n</p>\n<p>\n     In January Aron tweeted that the 2023 actors' and writers' strikes have \"ruined\" the early 2024 box office. \n</p>\n<p>\n     Related: AMC shares climb as Beyoncé's 'Renaissance' reigns \n</p>\n<p>\n     AMC rival Cinemark Holdings Inc. <a href=\"https://laohu8.com/S/CNK\">$(CNK)$</a> recently reported a wider-than-expected fourth-quarter loss, although revenue beat analysts' expectations. \n</p>\n<p>\n     -James Rogers \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2024 09:48 ET (14:48 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC set for Q4 share gains but expect a 'tumultuous' 2024, says Wedbush</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC set for Q4 share gains but expect a 'tumultuous' 2024, says Wedbush\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-02-26 22:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC set for Q4 share gains but expect a 'tumultuous' 2024, says Wedbush\n</p>\n<p>\n  By James Rogers \n</p>\n<p>\n     Movie theater chain and original meme stock AMC reports fourth-quarter results after market close on Wednesday. \n</p>\n<p>\n     AMC Entertainment Holdings Inc. is set for share gains when it reports fourth-quarter results Wednesday, according to analyst firm Wedbush, although 2024 could be a \"tumultuous\" year for the movie-theater chain. \n</p>\n<p>\n     \"AMC expanded its market share in 2023 and is positioned to maintain or expand further on its 22% market share with its vast network of premium large-format screens and concert movie distribution,\" Wedbush analyst Alicia Reese wrote in a note released Friday. AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> also has an opportunity to drive revenue growth from its European circuit with theater upgrades that would boost per-screen averages, she added. \n</p>\n<p>\n     Underpinning AMC's share gains, the analyst pointed to the success of concert films \"Taylor Swift: The Eras Tour\" and \"Renaissance: A Film by Beyoncé.\" \n</p>\n<p>\n     Related: AMC hits another record low close, reflecting demise of its 'meme-stock' status \n</p>\n<p>\n     \"AMC likely gained market share in Q4:23 as it distributed the Taylor Swift and Beyonce concert films throughout its circuit and competitors' global circuits in the quarter,\" wrote Reese. \"We expect more alternative fare in 2024.\" \n</p>\n<p>\n     Analysts surveyed by FactSet expect AMC to report a fourth-quarter loss of 57 cents a share and revenue of $1.058 billion. \n</p>\n<p>\n     Wedbush's Reese cautioned that 2024 could be \"bumpy\" for AMC. \"2024 will likely be tumultuous, with pockets of strength offset by volume holes,\" she wrote. \"We estimate that 2024 North American box office will end down 7% YoY to $8.3 billion after a 21% YoY rise in 2023. We modeled 2025 up 20% YoY as many 2024 titles were delayed after the long SAG-AFTRA strike.\" \n</p>\n<p>\n     Related: AMC's stock has tumbled. CEO Adam Aron says he'll 'have much to say' on the company's Q4 earnings call. \n</p>\n<p>\n     Wedbush now thinks that AMC faces a first-quarter EBITDA loss given the \"soft slate through the first two months of the quarter\" although this will be partially offset by a strong March with the latest \"Dune\" movie likely outperforming on IMAX Corp. screens, according to Reese. \"AMC has the largest domestic footprint of IMAX screens,\" Reese added. \"We expect AMC to return to positive EBITDA through the balance of the year, and expand margins in 2025 over 2023.\" \n</p>\n<p>\n     But the analyst also pointed to AMC's debt load and the absence of a dividend. \"Our positive sentiment around further market share expansion and the opportunity to upgrade its European circuit is offset by the company's heavy debt load and lack of a dividend,\" Reese added. \"AMC is finally trading in line with its prememe historical multiple, albeit still at a significant premium to its competitors.\" \n</p>\n<p>\n     AMC has net debt of $4.095 billion, according to Wedbush, which has a neutral rating and $6 price target for the movie theater chain and original meme stock. \"AMC will likely continue to issue shares as it must service its debt and prepare for debt repayments coming due over the next three years ($5 million in 2024, $98 million in 2025, $2.9 billion in 2026, and $525 million in 2027),\" Reese wrote. \"AMC will seek to renegotiate debt terms before 2026.\" \n</p>\n<p>\n     Related: AMC's share price is 'so frustrating,' and strikes have 'ruined' early 2024 box office, CEO says \n</p>\n<p>\n     In December AMC completed its latest at-the-market equity offering, raising approximately $350 million as it attempts to reduce its debt burden, which was more than $5 billion in 2022. The equity offering, which was launched Nov. 9, and repurchased debt or exchanged debt for equity, reduced the company's liabilities by $62.28 million, AMC said. \n</p>\n<p>\n     Of seven analysts surveyed by FactSet, four have a hold rating and three have a sell rating for AMC. \n</p>\n<p>\n     AMC shares have fallen 33.9% in the last three months, compared with the S&amp;P 500 index's gain of 12%. Shares of the movie theater chain hit a record closing low of $3.67 on Feb. 5, reflecting the demise of the company's meme-stock status. The stock has since registered gains and ended Friday's session at $4.44. However, this is a far cry from the heady days of the meme-stock frenzy, when the company's shares hit an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data. \n</p>\n<p>\n     Related: AMC CEO sends Taylor Swift 'eternal gratitude' as Eras Tour concert film makes history \n</p>\n<p>\n     Earlier this month AMC CEO Adam Aron said that he will \"have much to say\" about \"what is going on\" when the company reports its fourth-quarter results. \n</p>\n<p>\n     \"AMC will announce q4 and full year 2023 earnings Feb 28 at 5:00 pm EST,\" he wrote on X, formerly known as Twitter, on Feb. 15. \"I realize many of you have wanted my take as to what is going on, but the best time to do so is on this year ending earnings call. Listen to the webcast. I'll have much to say.\" \n</p>\n<p>\n     In January Aron tweeted that the 2023 actors' and writers' strikes have \"ruined\" the early 2024 box office. \n</p>\n<p>\n     Related: AMC shares climb as Beyoncé's 'Renaissance' reigns \n</p>\n<p>\n     AMC rival Cinemark Holdings Inc. <a href=\"https://laohu8.com/S/CNK\">$(CNK)$</a> recently reported a wider-than-expected fourth-quarter loss, although revenue beat analysts' expectations. \n</p>\n<p>\n     -James Rogers \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2024 09:48 ET (14:48 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK7063":"纸材料包装","BK4108":"电影和娱乐","BK4547":"WSB热门概念","AMC":"AMC院线","AMC.AU":"AMCOR PLC-CDI","BK4585":"ETF&股票定投概念","BK4588":"碎股","CNK":"喜满客影城"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2414383800","content_text":"MW AMC set for Q4 share gains but expect a 'tumultuous' 2024, says Wedbush\n\n\n  By James Rogers \n\n\n     Movie theater chain and original meme stock AMC reports fourth-quarter results after market close on Wednesday. \n\n\n     AMC Entertainment Holdings Inc. is set for share gains when it reports fourth-quarter results Wednesday, according to analyst firm Wedbush, although 2024 could be a \"tumultuous\" year for the movie-theater chain. \n\n\n     \"AMC expanded its market share in 2023 and is positioned to maintain or expand further on its 22% market share with its vast network of premium large-format screens and concert movie distribution,\" Wedbush analyst Alicia Reese wrote in a note released Friday. AMC $(AMC)$ also has an opportunity to drive revenue growth from its European circuit with theater upgrades that would boost per-screen averages, she added. \n\n\n     Underpinning AMC's share gains, the analyst pointed to the success of concert films \"Taylor Swift: The Eras Tour\" and \"Renaissance: A Film by Beyoncé.\" \n\n\n     Related: AMC hits another record low close, reflecting demise of its 'meme-stock' status \n\n\n     \"AMC likely gained market share in Q4:23 as it distributed the Taylor Swift and Beyonce concert films throughout its circuit and competitors' global circuits in the quarter,\" wrote Reese. \"We expect more alternative fare in 2024.\" \n\n\n     Analysts surveyed by FactSet expect AMC to report a fourth-quarter loss of 57 cents a share and revenue of $1.058 billion. \n\n\n     Wedbush's Reese cautioned that 2024 could be \"bumpy\" for AMC. \"2024 will likely be tumultuous, with pockets of strength offset by volume holes,\" she wrote. \"We estimate that 2024 North American box office will end down 7% YoY to $8.3 billion after a 21% YoY rise in 2023. We modeled 2025 up 20% YoY as many 2024 titles were delayed after the long SAG-AFTRA strike.\" \n\n\n     Related: AMC's stock has tumbled. CEO Adam Aron says he'll 'have much to say' on the company's Q4 earnings call. \n\n\n     Wedbush now thinks that AMC faces a first-quarter EBITDA loss given the \"soft slate through the first two months of the quarter\" although this will be partially offset by a strong March with the latest \"Dune\" movie likely outperforming on IMAX Corp. screens, according to Reese. \"AMC has the largest domestic footprint of IMAX screens,\" Reese added. \"We expect AMC to return to positive EBITDA through the balance of the year, and expand margins in 2025 over 2023.\" \n\n\n     But the analyst also pointed to AMC's debt load and the absence of a dividend. \"Our positive sentiment around further market share expansion and the opportunity to upgrade its European circuit is offset by the company's heavy debt load and lack of a dividend,\" Reese added. \"AMC is finally trading in line with its prememe historical multiple, albeit still at a significant premium to its competitors.\" \n\n\n     AMC has net debt of $4.095 billion, according to Wedbush, which has a neutral rating and $6 price target for the movie theater chain and original meme stock. \"AMC will likely continue to issue shares as it must service its debt and prepare for debt repayments coming due over the next three years ($5 million in 2024, $98 million in 2025, $2.9 billion in 2026, and $525 million in 2027),\" Reese wrote. \"AMC will seek to renegotiate debt terms before 2026.\" \n\n\n     Related: AMC's share price is 'so frustrating,' and strikes have 'ruined' early 2024 box office, CEO says \n\n\n     In December AMC completed its latest at-the-market equity offering, raising approximately $350 million as it attempts to reduce its debt burden, which was more than $5 billion in 2022. The equity offering, which was launched Nov. 9, and repurchased debt or exchanged debt for equity, reduced the company's liabilities by $62.28 million, AMC said. \n\n\n     Of seven analysts surveyed by FactSet, four have a hold rating and three have a sell rating for AMC. \n\n\n     AMC shares have fallen 33.9% in the last three months, compared with the S&P 500 index's gain of 12%. Shares of the movie theater chain hit a record closing low of $3.67 on Feb. 5, reflecting the demise of the company's meme-stock status. The stock has since registered gains and ended Friday's session at $4.44. However, this is a far cry from the heady days of the meme-stock frenzy, when the company's shares hit an all-time closing high of $339.05 on June 2, 2021, according to Dow Jones Market Data. \n\n\n     Related: AMC CEO sends Taylor Swift 'eternal gratitude' as Eras Tour concert film makes history \n\n\n     Earlier this month AMC CEO Adam Aron said that he will \"have much to say\" about \"what is going on\" when the company reports its fourth-quarter results. \n\n\n     \"AMC will announce q4 and full year 2023 earnings Feb 28 at 5:00 pm EST,\" he wrote on X, formerly known as Twitter, on Feb. 15. \"I realize many of you have wanted my take as to what is going on, but the best time to do so is on this year ending earnings call. Listen to the webcast. I'll have much to say.\" \n\n\n     In January Aron tweeted that the 2023 actors' and writers' strikes have \"ruined\" the early 2024 box office. \n\n\n     Related: AMC shares climb as Beyoncé's 'Renaissance' reigns \n\n\n     AMC rival Cinemark Holdings Inc. $(CNK)$ recently reported a wider-than-expected fourth-quarter loss, although revenue beat analysts' expectations. \n\n\n     -James Rogers \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2024 09:48 ET (14:48 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273168988176632,"gmtCreate":1707729441618,"gmtModify":1707729445880,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"seeking abracadebra","listText":"seeking abracadebra","text":"seeking abracadebra","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273168988176632","repostId":"2410113668","repostType":2,"repost":{"id":"2410113668","kind":"highlight","pubTimestamp":1707723134,"share":"https://ttm.financial/m/news/2410113668?lang=&edition=fundamental","pubTime":"2024-02-12 15:32","market":"us","language":"en","title":"GameStop Slows The Bleeding, But Recovery Remains Unlikely","url":"https://stock-news.laohu8.com/highlight/detail?id=2410113668","media":"seekingalpha","summary":"GameStop's stock has lost 23% of its value since last May, but it remains popular among speculative traders and short-sellers.The company has improved its balance sheet positively, potentially allowin","content":"<html><body><ul><li>GameStop's stock has lost 23% of its value since last May, but it remains popular among speculative traders and short-sellers.</li><li>The company has improved its balance sheet positively, potentially allowing it to transition to more effective business models.</li><li>GME's outdated business model and declining sales challenge its long-term profitability and valuation.</li><li>As long as its working capital is stable, bankruptcy is very unlikely, but without a clear business model transition, a rebound appears even less likely.</li></ul><p><figure><picture><img loading=\"lazy\" src=\"https://media.gettyimages.com/id/1243020313/photo/the-gamestop-store-in-annapolis-maryland-on-september-7-2022-gamestop-shares-moved-lower.jpg?b=1&amp;s=594x594&amp;w=0&amp;k=20&amp;c=mNr-FI9RBrKhgpyvFefXVpQza6QdpFp8GARycCrMvO0=\"/></picture><figcaption><p>JIM WATSON/AFP via Getty Images</p></figcaption></figure></p> <p>Last May, I published \"GameStop: 2-Year Life Expectancy, Without A Huge Business Turnaround,\" which detailed my bearish view of the company GameStop (<span>NYSE:GME</span>). Since then, GME has lost an additional 23% of its value. It<span> fell to about $12 per share before bouncing in its December short squeeze. The stock continues to be famous for speculative traders, hoping it will rebound to its past heights. However, it is also a significant target for short-sellers, particularly hedge funds, which look to the company's inability to adapt to a changing gaming market.</span></p> <p>Much has changed for GameStop since I covered it last. The company has dramatically slowed its cash burn rate through aggressive cost cuts, improving its life expectancy. At the same time, many see that as a bullish factor, it does little to improve its long-term profit potential. In my view, the company<span> has no clear path to sufficient profitability to justify its current valuation. That said, GameStop has made material positive improvements since I covered it last, potentially making it a dangerous short-squeeze bet.</span></p> <h2>GameStop's Balance Sheet Has Value</h2> <p>There are two aspects we must consider with GameStop. One is its outdated business model, which will likely continue to face falling revenue without dramatic improvement. In my view, this front is still lacking, indicating low potential for high future incomes. The second aspect is its balance sheet, which could be leveraged through investments to prolong its life or give it some enduring income from alternative investments. Its healthy balance sheet could potentially allow it to transition toward other, more effective business models.</p> <p>Ironically, GameStop's survival today primarily results from the immense short interest in the stock in 2020. It was a significant target by short-sellers, given its lack of working capital and negative cash flows at the time. However, as retail speculators bought the stock, they squeezed short positions out, causing an immense buying spree that caused GameStop to be worth far more than it ever had been despite its terrible fundamentals. The firm then sold immense equity to raise cash at a high valuation, dramatically improving its working capital. See below:</p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/11/saupload_a33986df7dc246e9d79d449ec605affd.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <p>When I covered GME last, it seemed unlikely the firm would manage to slow its working capital losses. This is the net of its current assets and current liabilities. When the figure crosses below zero, GameStop's bankruptcy chance will be much higher; however, not before then. This considerable capital infusion also reduced its debt and increased short-term investments. Now that interest rates are higher, the company is making a decent income from interest in its cash. See below:</p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/11/saupload_a497ea41f71018bc929c8045bb5de013.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <p>While GameStop's income and valuation are problematic, it has one of the cleanest balance sheets I've seen. Its debt is negligible, its liquidity remains ample, and it benefits from high interest rates by earning a decent income from its liquidity. Theoretically, GameStop could seize all operations and act as an investment vehicle. Still, in that case, GME should be worth little more than its current tangible book value per share of ~$4.1.</p> <h2>GameStop in An Operational Hole</h2> <p>Since I last covered GameStop, the firm has done little to change its operational focus besides moving back out of the angles it tried to take, such as NFTs. The company also offers relatively little guidance on this topic, having very short investor calls and no presentations. However, as discussed in its last brief call, GameStop's CEO focuses primarily on aggressive cost-cutting to make its existing business model more robust.</p> <p>This approach works out somewhat, as its substantial operating losses are much lower. Still, its sales trend is negative, mainly if we account for the inflationary backdrop since 2020. See below:</p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/11/saupload_4ec94ae5bcce6424d1c7bb5d57b58724.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <p>Since last year, GameStop has dramatically reduced its operating margin losses by reducing its SG&amp;A expenses and COGS. On a TTM basis, it is nearly earning an operating profit. However, if its sales continue to decline, it will be hard for the firm to continue to cut salaries and marketing costs proportionally, potentially making this a short-term benefit. The company has also dramatically cut CapEx spending, improving its cash stability, but again showing its lack of transition potential.</p> <p>The gaming industry is dominated by online sales, particularly with the rise of Microsoft's (MSFT) cloud gaming platform. The company used to earn a good profit off of selling new and used gaming discs, but that has quickly become a relic of ages past as new platforms will have no disc drives. GameStop is earning some with digital sales, but that is difficult due to immense competition from other third parties and Microsoft and Sony (SONY). As this transition is completed, GameStop's revenue should continue to decline unless made up for in other categories.</p> <p>The company's hardware sales are also still notable. Still, they are not as profitable, considering Walmart (WMT), Best Buy (BBY), and Amazon (AMZN) naturally have better supply chains or superior store sizes that make this endeavor more suitable. Since GameStop is not dominant in online hardware sales and its stores are smaller, it has a material disadvantage in the hardware market. This segment may have some enduring value, but as hardware prices rise or consumer demand slows, it should lose any edge because of its lack of economic scale compared to competitors.</p> <p>Collectibles are its smallest sales category, accounting for 16% of 2022 sales, but may have the best enduring value. This was an area where the firm saw solid growth and is likely a higher margin segment where its business model should have a natural competitive advantage. That said, it only earned around $177M in sales from this category as of Q3 23, and that figure slid around 15% YoY through the quarter.</p> <p>Overall, hardware appears to be its primary focus for potential profits and revenues today, but that segment has the most significant cyclical and competitive risks. The collectible's focus is interesting and could have some long-term value, but likely not enough to justify its current valuation.</p> <h2>The Bottom Line</h2> <p>I remain bearish on GME but revise my previous view to state that I do not believe GameStop will necessarily go bankrupt. Without a severe economic crash, it should avoid bankruptcy for long as long as it can manage its current cost cuts. Of course, while its cost cuts have impressively benefited its margins, they will not last if its sales continue to slide since its overall marketing costs will likely not slide proportionately.</p> <p>I believe pre-owned hardware and collectibles may be an area where the company could maintain a long-term edge. However, new hardware and digital games are challenging markets due to competition from companies better suited to earning good margins in those segments. I do not believe its pre-owned hardware and collectibles sales are sufficient to offset the high overhead cost of its physical stores, and certainly not enough to justify its valuation.</p> <p>If the company can keep its liquidity steady, it is worth around $5 per share, a nearly 20% premium to its tangible book value. That small premium represents the probability that its smaller segments could become long-term profit areas, which I doubt due to the scale issues. Given stability in its tangible book value, which is not guaranteed, GME could be discounted if it trades below $4 per share, given that most of that position is cash, earning a good yield.</p> <div></div> <p>I am very bearish on GME, but that is a long-term view. I would not short-sell it today because it is near its support level and is showing <em>some</em> signs of bouncing higher. Short squeeze risk remains high with its 22% short interest, though nothing compared to its squeeze risk in 2020. For the immediate horizon, enough speculators and investors should be attracted to its stabilization and may have unrealistic hopes for its recovery, potentially justifying a bullish view. Of course, GME's market cap today is still higher than during its peak era of ~2005 to ~2015, making its current valuation extremely hard to justify rationally.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Slows The Bleeding, But Recovery Remains Unlikely</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Since then, GME has lost an additional 23% of its value. It fell to about $12 per share before bouncing in its December short squeeze. The stock continues to be famous for speculative traders, hoping it will rebound to its past heights. However, it is also a significant target for short-sellers, particularly hedge funds, which look to the company's inability to adapt to a changing gaming market. Much has changed for GameStop since I covered it last. The company has dramatically slowed its cash burn rate through aggressive cost cuts, improving its life expectancy. At the same time, many see that as a bullish factor, it does little to improve its long-term profit potential. In my view, the company has no clear path to sufficient profitability to justify its current valuation. That said, GameStop has made material positive improvements since I covered it last, potentially making it a dangerous short-squeeze bet. GameStop's Balance Sheet Has Value There are two aspects we must consider with GameStop. One is its outdated business model, which will likely continue to face falling revenue without dramatic improvement. In my view, this front is still lacking, indicating low potential for high future incomes. The second aspect is its balance sheet, which could be leveraged through investments to prolong its life or give it some enduring income from alternative investments. Its healthy balance sheet could potentially allow it to transition toward other, more effective business models. Ironically, GameStop's survival today primarily results from the immense short interest in the stock in 2020. It was a significant target by short-sellers, given its lack of working capital and negative cash flows at the time. However, as retail speculators bought the stock, they squeezed short positions out, causing an immense buying spree that caused GameStop to be worth far more than it ever had been despite its terrible fundamentals. The firm then sold immense equity to raise cash at a high valuation, dramatically improving its working capital. See below: Data by YCharts When I covered GME last, it seemed unlikely the firm would manage to slow its working capital losses. This is the net of its current assets and current liabilities. When the figure crosses below zero, GameStop's bankruptcy chance will be much higher; however, not before then. This considerable capital infusion also reduced its debt and increased short-term investments. Now that interest rates are higher, the company is making a decent income from interest in its cash. See below: Data by YCharts While GameStop's income and valuation are problematic, it has one of the cleanest balance sheets I've seen. Its debt is negligible, its liquidity remains ample, and it benefits from high interest rates by earning a decent income from its liquidity. Theoretically, GameStop could seize all operations and act as an investment vehicle. Still, in that case, GME should be worth little more than its current tangible book value per share of ~$4.1. GameStop in An Operational Hole Since I last covered GameStop, the firm has done little to change its operational focus besides moving back out of the angles it tried to take, such as NFTs. The company also offers relatively little guidance on this topic, having very short investor calls and no presentations. However, as discussed in its last brief call, GameStop's CEO focuses primarily on aggressive cost-cutting to make its existing business model more robust. This approach works out somewhat, as its substantial operating losses are much lower. Still, its sales trend is negative, mainly if we account for the inflationary backdrop since 2020. See below: Data by YCharts Since last year, GameStop has dramatically reduced its operating margin losses by reducing its SG&A expenses and COGS. On a TTM basis, it is nearly earning an operating profit. However, if its sales continue to decline, it will be hard for the firm to continue to cut salaries and marketing costs proportionally, potentially making this a short-term benefit. The company has also dramatically cut CapEx spending, improving its cash stability, but again showing its lack of transition potential. The gaming industry is dominated by online sales, particularly with the rise of Microsoft's (MSFT) cloud gaming platform. The company used to earn a good profit off of selling new and used gaming discs, but that has quickly become a relic of ages past as new platforms will have no disc drives. GameStop is earning some with digital sales, but that is difficult due to immense competition from other third parties and Microsoft and Sony (SONY). As this transition is completed, GameStop's revenue should continue to decline unless made up for in other categories. The company's hardware sales are also still notable. Still, they are not as profitable, considering Walmart (WMT), Best Buy (BBY), and Amazon (AMZN) naturally have better supply chains or superior store sizes that make this endeavor more suitable. Since GameStop is not dominant in online hardware sales and its stores are smaller, it has a material disadvantage in the hardware market. This segment may have some enduring value, but as hardware prices rise or consumer demand slows, it should lose any edge because of its lack of economic scale compared to competitors. Collectibles are its smallest sales category, accounting for 16% of 2022 sales, but may have the best enduring value. This was an area where the firm saw solid growth and is likely a higher margin segment where its business model should have a natural competitive advantage. That said, it only earned around $177M in sales from this category as of Q3 23, and that figure slid around 15% YoY through the quarter. Overall, hardware appears to be its primary focus for potential profits and revenues today, but that segment has the most significant cyclical and competitive risks. The collectible's focus is interesting and could have some long-term value, but likely not enough to justify its current valuation. The Bottom Line I remain bearish on GME but revise my previous view to state that I do not believe GameStop will necessarily go bankrupt. Without a severe economic crash, it should avoid bankruptcy for long as long as it can manage its current cost cuts. Of course, while its cost cuts have impressively benefited its margins, they will not last if its sales continue to slide since its overall marketing costs will likely not slide proportionately. I believe pre-owned hardware and collectibles may be an area where the company could maintain a long-term edge. However, new hardware and digital games are challenging markets due to competition from companies better suited to earning good margins in those segments. I do not believe its pre-owned hardware and collectibles sales are sufficient to offset the high overhead cost of its physical stores, and certainly not enough to justify its valuation. If the company can keep its liquidity steady, it is worth around $5 per share, a nearly 20% premium to its tangible book value. That small premium represents the probability that its smaller segments could become long-term profit areas, which I doubt due to the scale issues. Given stability in its tangible book value, which is not guaranteed, GME could be discounted if it trades below $4 per share, given that most of that position is cash, earning a good yield.  I am very bearish on GME, but that is a long-term view. I would not short-sell it today because it is near its support level and is showing some signs of bouncing higher. Short squeeze risk remains high with its 22% short interest, though nothing compared to its squeeze risk in 2020. For the immediate horizon, enough speculators and investors should be attracted to its stabilization and may have unrealistic hopes for its recovery, potentially justifying a bullish view. Of course, GME's market cap today is still higher than during its peak era of ~2005 to ~2015, making its current valuation extremely hard to justify rationally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":254114789339392,"gmtCreate":1703076397027,"gmtModify":1703076399653,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$ &nbsp;</a>‌kukukuukuku, we should step up to $5","listText":"‌<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$ &nbsp;</a>‌kukukuukuku, we should step up to $5","text":"‌$SOS Limited(SOS)$ ‌kukukuukuku, we should step up to $5","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/254114789339392","isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"wtf, my wish is granted, $3.8 flew to $5+ in 1 trading day","text":"wtf, my wish is granted, $3.8 flew to $5+ in 1 trading day","html":"wtf, my wish is granted, $3.8 flew to $5+ in 1 trading day"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":253805921198336,"gmtCreate":1703000989767,"gmtModify":1703000992548,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/PSTV\">$Plus Therapeutics, Inc.(PSTV)$ &nbsp;</a>‌time to go nuts, , squeese it over $3","listText":"‌<a href=\"https://laohu8.com/S/PSTV\">$Plus Therapeutics, Inc.(PSTV)$ &nbsp;</a>‌time to go nuts, , squeese it over $3","text":"‌$Plus Therapeutics, Inc.(PSTV)$ ‌time to go nuts, , squeese it over $3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/253805921198336","isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"how did 90% of the chips get stuck at that price, pro-trading","text":"how did 90% of the chips get stuck at that price, pro-trading","html":"how did 90% of the chips get stuck at that price, pro-trading"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":283941632372984,"gmtCreate":1710337615983,"gmtModify":1710337619688,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$ &nbsp;</a>‌whelp, don't wash sales too early at $1.3, do the washing after $1.9, jeez","listText":"‌<a href=\"https://laohu8.com/S/ATOS\">$Atossa Genetics(ATOS)$ &nbsp;</a>‌whelp, don't wash sales too early at $1.3, do the washing after $1.9, jeez","text":"‌$Atossa Genetics(ATOS)$ ‌whelp, don't wash sales too early at $1.3, do the washing after $1.9, jeez","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/283941632372984","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"damn, 1 step b4 1.9, it wash back into 1.6","text":"damn, 1 step b4 1.9, it wash back into 1.6","html":"damn, 1 step b4 1.9, it wash back into 1.6"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356021769445736,"gmtCreate":1727921463277,"gmtModify":1727921468003,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> any1 old posters here still remember the clown @boonchong?","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> any1 old posters here still remember the clown @boonchong?","text":"$Palantir Technologies Inc.(PLTR)$ any1 old posters here still remember the clown @boonchong?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/356021769445736","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3556863993604905","authorId":"3556863993604905","name":"你爸说","avatar":"https://static.tigerbbs.com/bdca3d23b123e444f94d268f36d55f72","crmLevel":1,"crmLevelSwitch":0,"idStr":"3556863993604905","authorIdStr":"3556863993604905"},"content":"He went into hiding...35yrs of experience nvr taught him well enough to make profits frm the market apparently","text":"He went into hiding...35yrs of experience nvr taught him well enough to make profits frm the market apparently","html":"He went into hiding...35yrs of experience nvr taught him well enough to make profits frm the market apparently"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":253805921198336,"gmtCreate":1703000989767,"gmtModify":1703000992548,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/PSTV\">$Plus Therapeutics, Inc.(PSTV)$ &nbsp;</a>‌time to go nuts, , squeese it over $3","listText":"‌<a href=\"https://laohu8.com/S/PSTV\">$Plus Therapeutics, Inc.(PSTV)$ &nbsp;</a>‌time to go nuts, , squeese it over $3","text":"‌$Plus Therapeutics, Inc.(PSTV)$ ‌time to go nuts, , squeese it over $3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/253805921198336","isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"how did 90% of the chips get stuck at that price, pro-trading","text":"how did 90% of the chips get stuck at that price, pro-trading","html":"how did 90% of the chips get stuck at that price, pro-trading"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954059138,"gmtCreate":1675863090025,"gmtModify":1675863093549,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HUGE\">$FSD Pharma Inc(HUGE)$&nbsp;</a>fishy fishy, takeover soon?","listText":"<a href=\"https://ttm.financial/S/HUGE\">$FSD Pharma Inc(HUGE)$&nbsp;</a>fishy fishy, takeover soon?","text":"$FSD Pharma Inc(HUGE)$ fishy fishy, takeover soon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954059138","isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002737162,"gmtCreate":1642089647315,"gmtModify":1676533680106,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"pltr is waiting for cathie wood to load all in on it before sheeeting greens","listText":"pltr is waiting for cathie wood to load all in on it before sheeeting greens","text":"pltr is waiting for cathie wood to load all in on it before sheeeting greens","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9002737162","repostId":"9002732367","repostType":1,"repost":{"id":9002732367,"gmtCreate":1642088998493,"gmtModify":1676533680019,"author":{"id":"3580625969745490","authorId":"3580625969745490","name":"boonchong","avatar":"https://static.tigerbbs.com/49aa77ad0af13cd80f20edbad1234522","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580625969745490","authorIdStr":"3580625969745490"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>SEe guys... It is hitting 15... Keep haunting these longy.. it will be on a downward pressure in the long term... $12 to $13 is considered a good territory...","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>SEe guys... It is hitting 15... Keep haunting these longy.. it will be on a downward pressure in the long term... $12 to $13 is considered a good territory...","text":"$Palantir Technologies Inc.(PLTR)$SEe guys... It is hitting 15... Keep haunting these longy.. it will be on a downward pressure in the long term... $12 to $13 is considered a good territory...","images":[{"img":"https://static.itradeup.com/news/5628e2c95aaa26b8ee1352cf5682b2ba","width":"720","height":"1572"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002732367","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192322406830288,"gmtCreate":1687984081103,"gmtModify":1687988746227,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"good game, even reuters are joining to&nbsp;spreading FUD. reuters \"encourage\"&nbsp;3.8million number of email/snailmail to spam Delaware courts?alot of overseas investors are prevented from voting even thou we have the technology up until 2023AD, thus APE shares is created to cheat the voting outcome.retail investors spent almost 2-8 dollars per APE share while \"fkface\" antara got each at 0.66dollar(wtf).","listText":"good game, even reuters are joining to&nbsp;spreading FUD. reuters \"encourage\"&nbsp;3.8million number of email/snailmail to spam Delaware courts?alot of overseas investors are prevented from voting even thou we have the technology up until 2023AD, thus APE shares is created to cheat the voting outcome.retail investors spent almost 2-8 dollars per APE share while \"fkface\" antara got each at 0.66dollar(wtf).","text":"good game, even reuters are joining to spreading FUD. reuters \"encourage\" 3.8million number of email/snailmail to spam Delaware courts?alot of overseas investors are prevented from voting even thou we have the technology up until 2023AD, thus APE shares is created to cheat the voting outcome.retail investors spent almost 2-8 dollars per APE share while \"fkface\" antara got each at 0.66dollar(wtf).","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/192322406830288","repostId":"2347824070","repostType":2,"repost":{"id":"2347824070","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1687975069,"share":"https://ttm.financial/m/news/2347824070?lang=&edition=fundamental","pubTime":"2023-06-29 01:57","market":"us","language":"en","title":"AMC, 'meme' investors to face off in court over stock conversion","url":"https://stock-news.laohu8.com/highlight/detail?id=2347824070","media":"Reuters","summary":"By Jody Godoy      June 28 (Reuters) - A months-long battle between retail investors and AMC Entertainment Holdings    over a stock conversion plan will come to a head on Thursday at an unusual two-da","content":"<html><body><p>By Jody Godoy</p><p>      June 28 (Reuters) - A months-long battle between retail investors and AMC Entertainment Holdings    over a stock conversion plan will come to a head on Thursday at an unusual two-day court hearing in Delaware that may be critical to the cinema chain's survival.</p><p>   A judge on the Court of Chancery will consider approving a class action settlement, a step that is normally routine. The deal provides AMC common stock holders with shares worth an estimated $129 million to resolve allegations the company rigged a shareholder vote against them.</p><p>   But nothing is routine about AMC, a \"meme\" stock that was part of a social media-fueled trading frenzy in 2021 along with other companies such as Gamestop   .</p><p>   The company was sued in February for allegedly rigging a shareholder vote that would allow AMC to convert preferred stock to common stock and issue hundreds of millions of new shares.</p><p>   The conversion would dilute the common stockholders' ownership, but allow AMC to pay down some of its $5.1 billion in debt.</p><p>   AMC has told investors it is burning cash at an unsustainable rate and warned that an inability to raise capital could force the company into bankruptcy.</p><p>   It cannot carry out its plan to do so until the litigation has been resolved. Objections to class action settlements are rare but the court received more than 2,800 objections to the agreement.</p><p>   Many objectors sought permission to opt out of the settlement and sue on their own behalf, dismissing AMC's dire financial predictions as \"fear tactics.\"</p><p>   The Leawood, Kansas-based cinema chain operates over 900 theaters globally. AMC beat revenue estimates in the first quarter and expressed optimism that box office sales would continue to pick up into 2024.</p><p>   An AMC spokesperson and attorneys for the investors leading the lawsuit did not immediately respond to requests for comment.</p><p>   The investors, a Pennsylvania pension fund and an individual shareholder, had initially asked Delaware Vice Chancellor Morgan Zurn to block holders of preferred stock from the vote which was structured in their favor.</p><p>   Now, they say in court papers that while AMC won the vote through \"heavy-handed\" tactics and \"financial trickery,\" the settlement compensates common stock holders without risking AMC's future.</p><p>   They urged the judge to reject the objections of a \"tiny minority\" of AMC's 3.8 million stockholders.</p><p>   \"The same social-media engagement that once saved AMC is now a frenzy seeking to block the only avenue for common stockholders to receive consideration,\" they said.</p><p>    The case is In re: AMC Entertainment Holdings Inc. Stockholder Litigation, No. 2023-0215, in the Delaware Court of Chancery.</p><p> (Reporting by Jody Godoy in New York; Editing by Tom Hals in Wilmington, Delaware and David Gregorio)</p><p>((Jody.Godoy@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC, 'meme' investors to face off in court over stock conversion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC, 'meme' investors to face off in court over stock conversion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-06-29 01:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Jody Godoy</p><p>      June 28 (Reuters) - A months-long battle between retail investors and AMC Entertainment Holdings    over a stock conversion plan will come to a head on Thursday at an unusual two-day court hearing in Delaware that may be critical to the cinema chain's survival.</p><p>   A judge on the Court of Chancery will consider approving a class action settlement, a step that is normally routine. The deal provides AMC common stock holders with shares worth an estimated $129 million to resolve allegations the company rigged a shareholder vote against them.</p><p>   But nothing is routine about AMC, a \"meme\" stock that was part of a social media-fueled trading frenzy in 2021 along with other companies such as Gamestop   .</p><p>   The company was sued in February for allegedly rigging a shareholder vote that would allow AMC to convert preferred stock to common stock and issue hundreds of millions of new shares.</p><p>   The conversion would dilute the common stockholders' ownership, but allow AMC to pay down some of its $5.1 billion in debt.</p><p>   AMC has told investors it is burning cash at an unsustainable rate and warned that an inability to raise capital could force the company into bankruptcy.</p><p>   It cannot carry out its plan to do so until the litigation has been resolved. Objections to class action settlements are rare but the court received more than 2,800 objections to the agreement.</p><p>   Many objectors sought permission to opt out of the settlement and sue on their own behalf, dismissing AMC's dire financial predictions as \"fear tactics.\"</p><p>   The Leawood, Kansas-based cinema chain operates over 900 theaters globally. AMC beat revenue estimates in the first quarter and expressed optimism that box office sales would continue to pick up into 2024.</p><p>   An AMC spokesperson and attorneys for the investors leading the lawsuit did not immediately respond to requests for comment.</p><p>   The investors, a Pennsylvania pension fund and an individual shareholder, had initially asked Delaware Vice Chancellor Morgan Zurn to block holders of preferred stock from the vote which was structured in their favor.</p><p>   Now, they say in court papers that while AMC won the vote through \"heavy-handed\" tactics and \"financial trickery,\" the settlement compensates common stock holders without risking AMC's future.</p><p>   They urged the judge to reject the objections of a \"tiny minority\" of AMC's 3.8 million stockholders.</p><p>   \"The same social-media engagement that once saved AMC is now a frenzy seeking to block the only avenue for common stockholders to receive consideration,\" they said.</p><p>    The case is In re: AMC Entertainment Holdings Inc. Stockholder Litigation, No. 2023-0215, in the Delaware Court of Chancery.</p><p> (Reporting by Jody Godoy in New York; Editing by Tom Hals in Wilmington, Delaware and David Gregorio)</p><p>((Jody.Godoy@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4577":"网络游戏","BK4108":"电影和娱乐","BK4588":"碎股","BK4076":"电脑与电子产品零售","GME":"游戏驿站"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2347824070","content_text":"By Jody Godoy      June 28 (Reuters) - A months-long battle between retail investors and AMC Entertainment Holdings    over a stock conversion plan will come to a head on Thursday at an unusual two-day court hearing in Delaware that may be critical to the cinema chain's survival.   A judge on the Court of Chancery will consider approving a class action settlement, a step that is normally routine. The deal provides AMC common stock holders with shares worth an estimated $129 million to resolve allegations the company rigged a shareholder vote against them.   But nothing is routine about AMC, a \"meme\" stock that was part of a social media-fueled trading frenzy in 2021 along with other companies such as Gamestop   .   The company was sued in February for allegedly rigging a shareholder vote that would allow AMC to convert preferred stock to common stock and issue hundreds of millions of new shares.   The conversion would dilute the common stockholders' ownership, but allow AMC to pay down some of its $5.1 billion in debt.   AMC has told investors it is burning cash at an unsustainable rate and warned that an inability to raise capital could force the company into bankruptcy.   It cannot carry out its plan to do so until the litigation has been resolved. Objections to class action settlements are rare but the court received more than 2,800 objections to the agreement.   Many objectors sought permission to opt out of the settlement and sue on their own behalf, dismissing AMC's dire financial predictions as \"fear tactics.\"   The Leawood, Kansas-based cinema chain operates over 900 theaters globally. AMC beat revenue estimates in the first quarter and expressed optimism that box office sales would continue to pick up into 2024.   An AMC spokesperson and attorneys for the investors leading the lawsuit did not immediately respond to requests for comment.   The investors, a Pennsylvania pension fund and an individual shareholder, had initially asked Delaware Vice Chancellor Morgan Zurn to block holders of preferred stock from the vote which was structured in their favor.   Now, they say in court papers that while AMC won the vote through \"heavy-handed\" tactics and \"financial trickery,\" the settlement compensates common stock holders without risking AMC's future.   They urged the judge to reject the objections of a \"tiny minority\" of AMC's 3.8 million stockholders.   \"The same social-media engagement that once saved AMC is now a frenzy seeking to block the only avenue for common stockholders to receive consideration,\" they said.    The case is In re: AMC Entertainment Holdings Inc. Stockholder Litigation, No. 2023-0215, in the Delaware Court of Chancery. (Reporting by Jody Godoy in New York; Editing by Tom Hals in Wilmington, Delaware and David Gregorio)((Jody.Godoy@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957472751,"gmtCreate":1677526335774,"gmtModify":1677526339546,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$ &nbsp;</a>‌shorts covering and squeesing, stop selling your moon tickets till Q4 reports are officially out","listText":"‌<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$ &nbsp;</a>‌shorts covering and squeesing, stop selling your moon tickets till Q4 reports are officially out","text":"‌$AMC Entertainment(AMC)$ ‌shorts covering and squeesing, stop selling your moon tickets till Q4 reports are officially out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957472751","isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185134956539936,"gmtCreate":1686238239374,"gmtModify":1686238242718,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$ &nbsp;</a>‌4k shortable shares at this current moment of my post. lets see how quick this number will magically rise again when GME recovers but AMC is not following suit","listText":"‌<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$ &nbsp;</a>‌4k shortable shares at this current moment of my post. lets see how quick this number will magically rise again when GME recovers but AMC is not following suit","text":"‌$AMC Entertainment(AMC)$ ‌4k shortable shares at this current moment of my post. lets see how quick this number will magically rise again when GME recovers but AMC is not following suit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185134956539936","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039781135,"gmtCreate":1646126517288,"gmtModify":1676534093845,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"they r so afraid. they r in dipshit short position thus&nbsp;hoping&nbsp;investors stop squeesing their exposed balls of mayo.","listText":"they r so afraid. they r in dipshit short position thus&nbsp;hoping&nbsp;investors stop squeesing their exposed balls of mayo.","text":"they r so afraid. they r in dipshit short position thus hoping investors stop squeesing their exposed balls of mayo.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039781135","repostId":"1155243506","repostType":2,"repost":{"id":"1155243506","kind":"news","pubTimestamp":1646121082,"share":"https://ttm.financial/m/news/1155243506?lang=&edition=fundamental","pubTime":"2022-03-01 15:51","market":"us","language":"en","title":"Here's What AMC Entertainment Investors Still Need to Worry About","url":"https://stock-news.laohu8.com/highlight/detail?id=1155243506","media":"Motley Fool","summary":"Business looks better on the surface, but investors must guard against what could be lurking underneath.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>AMC is reporting fourth-quarter earnings on Tuesday, March 1, after the market closes.</li><li>It released preliminary results on Feb. 1, but they don&#39;t tell the whole story.</li></ul><p>Investors shouldn&#39;t expect many surprises when <b>AMC Entertainment</b> reports fourth-quarter results on Tuesday after the market closes. It already released preliminary results several weeks ago in a bid to generate some positive momentum for the stock after a steady drumbeat of gloom kept knocking its stock lower.</p><p>Since there wasn&#39;t much of a reason to preannounce earnings -- it says it did so in advance of possibly meeting with potential investors -- what small, retail investors should be concerned about is if there will be a nugget or two of bad news contained deep within the official disclosures.</p><p>As hopeful as many of AMC&#39;s faithful investors are about the movie theater operator still going from here straight to the moon, let&#39;s take a more realistic look at what to expect.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7656fccc130a1d1f1791b71731afdb4f\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p><b>The curtain is still coming down</b></p><p>AMC is doing better on the revenue front, no doubt about it. The preliminary fourth-quarter report indicates the theater chain is looking at $1.17 billion in revenue, and it even said it will have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of between $146.8 million and $151.8 million, operating cash of $215 million, and liquidity of $1.8 billion.</p><p>CEO Adam Aron says it represents &#34;the strongest quarter in two years.&#34;</p><p>The problem is that that&#39;s as good as it gets. It reported net losses much worse than what Wall Street was expecting, and was only able to turn those GAAP losses into adjusted profits mostly by backing out impairments on assets while controlling for interest, depreciation, and amortization. Operationally, AMC is still an ailing company.</p><p>And even on the revenue front, it&#39;s not all that great. The boost to sales was primarily the result of the December release of<i>Spider-man: No Way Home</i>, the massive blockbuster hit that has become one of the 10 best movie releases of all time. This year isn&#39;t shaping up to be much of a repeat.</p><p><b>A dreary lineup of entertainment</b></p><p>So far in 2022, total movie box office is $682 million, 30% of which is a carryover from <i>Spider-man</i>. The next biggest film,<i>Scream</i>, generated only about a third of that, or $77.7 million. That should get your Spidey senses tingling that theater operators are going to have a difficult time replicating their fourth-quarter success.</p><p>Hollywood also isn&#39;t putting out as many movies this year. Only 71 films are slated to debut in theaters in 2022 (thankfully, that includes another<i>Spider-man</i>movie), but streaming services are still as much a viable threat now as they were during the lockdown phase of the pandemic.</p><p>You&#39;re still going to get straight-to-streaming like what <b>Disney</b> is opting to do with Pixar&#39;s <i>Turning Red</i>, sending it straight to Disney+, or using day-and-date releases -- simultaneously releasing into theaters and streaming -- like <b>Comcast</b>&#39;s Universal Pictures did with<i>Marry Me</i>. Streaming is only going to risk further erosion of attendance.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c8df11cf9dd65e4a5dd238ca286a83f7\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p><b>The drip, drip, drip of decline</b></p><p>That&#39;s part of the worry for AMC Entertainment. The industry is slowly losing attendance over time and has offset that with price increases, which only exacerbates the situation.</p><p>Reddit traders rallied to boost AMC&#39;s stock price during last year&#39;s trading frenzy, and keep it aloft despite the fundamentals of the theater operator arguing against it. They seem to continue hoping that exposing dark pools, naked shorting, and other nefarious plots used to depress shares will send the stock soaring again.</p><p>It&#39;s possible these practices may have an effect. But eventually, a stock is only as solid as its business, and the foundations under AMC are simply not solid enough to justify its current valuation. Ultimately, that&#39;s the risk investors need to watch for: That some item in its financials will cause the entire foundation to crumble.</p><p>It may not occur this quarter, but investors need to be wary of a movie theater stock treading on such thin ice.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's What AMC Entertainment Investors Still Need to Worry About</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's What AMC Entertainment Investors Still Need to Worry About\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-01 15:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/28/heres-what-amc-entertainment-investors-still-need/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSAMC is reporting fourth-quarter earnings on Tuesday, March 1, after the market closes.It released preliminary results on Feb. 1, but they don't tell the whole story.Investors shouldn't ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/28/heres-what-amc-entertainment-investors-still-need/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2022/02/28/heres-what-amc-entertainment-investors-still-need/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155243506","content_text":"KEY POINTSAMC is reporting fourth-quarter earnings on Tuesday, March 1, after the market closes.It released preliminary results on Feb. 1, but they don't tell the whole story.Investors shouldn't expect many surprises when AMC Entertainment reports fourth-quarter results on Tuesday after the market closes. It already released preliminary results several weeks ago in a bid to generate some positive momentum for the stock after a steady drumbeat of gloom kept knocking its stock lower.Since there wasn't much of a reason to preannounce earnings -- it says it did so in advance of possibly meeting with potential investors -- what small, retail investors should be concerned about is if there will be a nugget or two of bad news contained deep within the official disclosures.As hopeful as many of AMC's faithful investors are about the movie theater operator still going from here straight to the moon, let's take a more realistic look at what to expect.Image source: Getty Images.The curtain is still coming downAMC is doing better on the revenue front, no doubt about it. The preliminary fourth-quarter report indicates the theater chain is looking at $1.17 billion in revenue, and it even said it will have adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of between $146.8 million and $151.8 million, operating cash of $215 million, and liquidity of $1.8 billion.CEO Adam Aron says it represents \"the strongest quarter in two years.\"The problem is that that's as good as it gets. It reported net losses much worse than what Wall Street was expecting, and was only able to turn those GAAP losses into adjusted profits mostly by backing out impairments on assets while controlling for interest, depreciation, and amortization. Operationally, AMC is still an ailing company.And even on the revenue front, it's not all that great. The boost to sales was primarily the result of the December release ofSpider-man: No Way Home, the massive blockbuster hit that has become one of the 10 best movie releases of all time. This year isn't shaping up to be much of a repeat.A dreary lineup of entertainmentSo far in 2022, total movie box office is $682 million, 30% of which is a carryover from Spider-man. The next biggest film,Scream, generated only about a third of that, or $77.7 million. That should get your Spidey senses tingling that theater operators are going to have a difficult time replicating their fourth-quarter success.Hollywood also isn't putting out as many movies this year. Only 71 films are slated to debut in theaters in 2022 (thankfully, that includes anotherSpider-manmovie), but streaming services are still as much a viable threat now as they were during the lockdown phase of the pandemic.You're still going to get straight-to-streaming like what Disney is opting to do with Pixar's Turning Red, sending it straight to Disney+, or using day-and-date releases -- simultaneously releasing into theaters and streaming -- like Comcast's Universal Pictures did withMarry Me. Streaming is only going to risk further erosion of attendance.Image source: Getty Images.The drip, drip, drip of declineThat's part of the worry for AMC Entertainment. The industry is slowly losing attendance over time and has offset that with price increases, which only exacerbates the situation.Reddit traders rallied to boost AMC's stock price during last year's trading frenzy, and keep it aloft despite the fundamentals of the theater operator arguing against it. They seem to continue hoping that exposing dark pools, naked shorting, and other nefarious plots used to depress shares will send the stock soaring again.It's possible these practices may have an effect. But eventually, a stock is only as solid as its business, and the foundations under AMC are simply not solid enough to justify its current valuation. Ultimately, that's the risk investors need to watch for: That some item in its financials will cause the entire foundation to crumble.It may not occur this quarter, but investors need to be wary of a movie theater stock treading on such thin ice.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":200512008921104,"gmtCreate":1689983891948,"gmtModify":1689991378343,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"F blomburger, the judge is doing the shareholders whats right, not a surprise backstab creation , then landslide victory of fake YES votes","listText":"F blomburger, the judge is doing the shareholders whats right, not a surprise backstab creation , then landslide victory of fake YES votes","text":"F blomburger, the judge is doing the shareholders whats right, not a surprise backstab creation , then landslide victory of fake YES votes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/200512008921104","repostId":"2353215856","repostType":2,"repost":{"id":"2353215856","kind":"highlight","pubTimestamp":1689981278,"share":"https://ttm.financial/m/news/2353215856?lang=&edition=fundamental","pubTime":"2023-07-22 07:14","market":"us","language":"en","title":"AMC Surged Over 60% While APE Crashed Over 17% as Judge Denied APE Deal in Surprise Ruling","url":"https://stock-news.laohu8.com/highlight/detail?id=2353215856","media":"Bloomberg","summary":"AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging ","content":"<html><head></head><body><p>AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging 60% in after-hours trading. Meanwhile, APE crashed over 17%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c33370c6e4083671c744d9cafc3bf14d\" tg-width=\"650\" tg-height=\"521\"/></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54093ee3d9100b2b494767c26ad6f98f\" tg-width=\"653\" tg-height=\"528\"/></p><p>Vice Chancellor Morgan T. Zurn rejected a nine-figure settlement that would have let the conversion proceed while handing out extra stock to mitigate the dilution of ordinary shareholders.</p><p>The agreement’s precise value, which is upwards of $100 million, had fluctuated with the company’s stock price. AMC shares were trading at $8.20 as of 4:28 p.m. in New York after closing at $4.40.</p><p>Zurn, writing for Delaware’s Chancery Court, stressed that her ruling didn’t concern the myriad market manipulation theories—&#34;about synthetic shares, Wall Street corruption, dark pool trading, insider trading, and RICO violations&#34;—raised in letters sent to her by nearly 3,000 stockholders.</p><p>“At this juncture, the court’s only task is to approve or reject the proposed settlement,” the judge wrote. “To cut to the chase, the settlement cannot be approved as submitted.”</p><p>The ruling sends the case—and the company, which is anxious to recapitalize—back to the drawing board. AMC has been eager to convert the APEs and issue additional shares as it contends with rising interest rates that have complicated its loan financing.</p><p>Most investors and analysts had expected Zurn to end the bitter legal battle over the APEs—AMC Preferred Equity units—which have been the subject of fierce litigation since February. The case has pitted AMC against many of the amateur investors who participated in the “meme stock” rally that saved the distressed theater chain at the height of the pandemic.</p><p>The company issued the APEs last year, including a 30% bloc to Antara Capital LP, and has been trying to convert them ever since. Each unit represents 1/100th of a preferred share theoretically worth 100 class A shares, so they’re supposed to be equivalent to common stock. But they have tended to trade at a steep discount due to uncertainty about the conversion.</p><p>Roughly 70% of the common stockholders who voted on the original APE conversion plan in March—before the agreement was reached—were in favor, though a relatively small number of them participated. The APEs also supported the proposal by a 9-to-1 margin.</p><p>But many other retail investors either oppose a move that would dilute their shares or just don’t vote on company proposals. More than 2,800 of them wrote to the court to speak against the settlement, and four showed up at the settlement hearing in June—one with counsel—to formally object.</p><p>The shareholder lawsuit, led by a pension fund and individual shareholder, accuses AMC of an illegal corporate engineering scheme aimed at sidelining its investor base. The suit focuses in particular on a “mirror voting” clause requiring a stock depositary company to vote all of the preferred shares proportionately based on the actual APE votes cast.</p><p>That policy, combined with Antara’s 30% vote in favor of the deal, let the company manipulate the outcome, the suit says. The hedge fund—which emerged as a villain in the eyes of many retail investors—has said it’s gotten threatening phone calls from people claiming to be AMC stockholders.</p><p>Bernstein Litowitz Berger &amp; Grossmann LLP, Grant &amp; Eisenhofer PA, Fields Kupka &amp; Shukurov LLP, and Saxena White PA are counsel for the pension fund and investor leading the litigation. AMC is represented by Richards, Layton &amp; Finger PA and Weil, Gotshal &amp; Manges LLP. The retail investors are mostly representing themselves, although one is represented by Halloran Farkas &amp; Kittila LLP.</p><p>The case is In re AMC Ent. Holdings Inc. S’holder Litig., Del. Ch., No. 2023-2015, 7/21/23.</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Surged Over 60% While APE Crashed Over 17% as Judge Denied APE Deal in Surprise Ruling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Surged Over 60% While APE Crashed Over 17% as Judge Denied APE Deal in Surprise Ruling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-22 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amc-shares-surge-judge-denies-201352453.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amc-shares-surge-judge-denies-201352453.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APE":"AMC Entertainment Preferred","AMC":"AMC院线"},"source_url":"https://finance.yahoo.com/news/amc-shares-surge-judge-denies-201352453.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2353215856","content_text":"AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging 60% in after-hours trading. Meanwhile, APE crashed over 17%.Vice Chancellor Morgan T. Zurn rejected a nine-figure settlement that would have let the conversion proceed while handing out extra stock to mitigate the dilution of ordinary shareholders.The agreement’s precise value, which is upwards of $100 million, had fluctuated with the company’s stock price. AMC shares were trading at $8.20 as of 4:28 p.m. in New York after closing at $4.40.Zurn, writing for Delaware’s Chancery Court, stressed that her ruling didn’t concern the myriad market manipulation theories—\"about synthetic shares, Wall Street corruption, dark pool trading, insider trading, and RICO violations\"—raised in letters sent to her by nearly 3,000 stockholders.“At this juncture, the court’s only task is to approve or reject the proposed settlement,” the judge wrote. “To cut to the chase, the settlement cannot be approved as submitted.”The ruling sends the case—and the company, which is anxious to recapitalize—back to the drawing board. AMC has been eager to convert the APEs and issue additional shares as it contends with rising interest rates that have complicated its loan financing.Most investors and analysts had expected Zurn to end the bitter legal battle over the APEs—AMC Preferred Equity units—which have been the subject of fierce litigation since February. The case has pitted AMC against many of the amateur investors who participated in the “meme stock” rally that saved the distressed theater chain at the height of the pandemic.The company issued the APEs last year, including a 30% bloc to Antara Capital LP, and has been trying to convert them ever since. Each unit represents 1/100th of a preferred share theoretically worth 100 class A shares, so they’re supposed to be equivalent to common stock. But they have tended to trade at a steep discount due to uncertainty about the conversion.Roughly 70% of the common stockholders who voted on the original APE conversion plan in March—before the agreement was reached—were in favor, though a relatively small number of them participated. The APEs also supported the proposal by a 9-to-1 margin.But many other retail investors either oppose a move that would dilute their shares or just don’t vote on company proposals. More than 2,800 of them wrote to the court to speak against the settlement, and four showed up at the settlement hearing in June—one with counsel—to formally object.The shareholder lawsuit, led by a pension fund and individual shareholder, accuses AMC of an illegal corporate engineering scheme aimed at sidelining its investor base. The suit focuses in particular on a “mirror voting” clause requiring a stock depositary company to vote all of the preferred shares proportionately based on the actual APE votes cast.That policy, combined with Antara’s 30% vote in favor of the deal, let the company manipulate the outcome, the suit says. The hedge fund—which emerged as a villain in the eyes of many retail investors—has said it’s gotten threatening phone calls from people claiming to be AMC stockholders.Bernstein Litowitz Berger & Grossmann LLP, Grant & Eisenhofer PA, Fields Kupka & Shukurov LLP, and Saxena White PA are counsel for the pension fund and investor leading the litigation. AMC is represented by Richards, Layton & Finger PA and Weil, Gotshal & Manges LLP. The retail investors are mostly representing themselves, although one is represented by Halloran Farkas & Kittila LLP.The case is In re AMC Ent. Holdings Inc. S’holder Litig., Del. Ch., No. 2023-2015, 7/21/23.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329342358200568,"gmtCreate":1721411634232,"gmtModify":1721455341613,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ &nbsp;</a>where is the bear trap at 26.6 ! without&nbsp;bear traps, how are the institutions push pltr into 32+, not their style to just buybuybuy and let retails win together","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ &nbsp;</a>where is the bear trap at 26.6 ! without&nbsp;bear traps, how are the institutions push pltr into 32+, not their style to just buybuybuy and let retails win together","text":"$Palantir Technologies Inc.(PLTR)$ where is the bear trap at 26.6 ! without bear traps, how are the institutions push pltr into 32+, not their style to just buybuybuy and let retails win together","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/329342358200568","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"prediction hit 1 week later but after this we need Alex wizard and to hype this stock to 35","text":"prediction hit 1 week later but after this we need Alex wizard and to hype this stock to 35","html":"prediction hit 1 week later but after this we need Alex wizard and to hype this stock to 35"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":295658026864824,"gmtCreate":1713192059987,"gmtModify":1713192181464,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$ &nbsp;</a>‌they are sending the gamers to wars soon? no more consumers for this retail chain anymore :(","listText":"‌<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$ &nbsp;</a>‌they are sending the gamers to wars soon? no more consumers for this retail chain anymore :(","text":"‌$GameStop(GME)$ ‌they are sending the gamers to wars soon? no more consumers for this retail chain anymore :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295658026864824","isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041701653,"gmtCreate":1656105595772,"gmtModify":1676535766873,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a><v-v data-views=\"1\"></v-v>when there r less crimes","listText":"<a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a><v-v data-views=\"1\"></v-v>when there r less crimes","text":"$GameStop(GME)$when there r less crimes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041701653","isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358344398,"gmtCreate":1616667239714,"gmtModify":1704797128338,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUGE\">$HUGE(HUGE)$</a>huge like their mom","listText":"<a href=\"https://laohu8.com/S/HUGE\">$HUGE(HUGE)$</a>huge like their mom","text":"$HUGE(HUGE)$huge like their mom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358344398","isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338082074366200,"gmtCreate":1723558690382,"gmtModify":1723558694227,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/HUGE\">$FSD Pharma Inc(HUGE)$ &nbsp;</a>‌ always this same play, short into ground, change cusip number as if everything no need to be accountable and buy back. wth","listText":"‌<a href=\"https://laohu8.com/S/HUGE\">$FSD Pharma Inc(HUGE)$ &nbsp;</a>‌ always this same play, short into ground, change cusip number as if everything no need to be accountable and buy back. wth","text":"‌$FSD Pharma Inc(HUGE)$ ‌ always this same play, short into ground, change cusip number as if everything no need to be accountable and buy back. wth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/338082074366200","isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4119323526860582","authorId":"4119323526860582","name":"thisishanong","avatar":"https://community-static.tradeup.com/news/ff2f7a941caf0065f866b6bdf910201b","crmLevel":9,"crmLevelSwitch":0,"idStr":"4119323526860582","authorIdStr":"4119323526860582"},"content":"Wow, what do you mean? Care to share more?","text":"Wow, what do you mean? Care to share more?","html":"Wow, what do you mean? Care to share more?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":254114789339392,"gmtCreate":1703076397027,"gmtModify":1703076399653,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$ &nbsp;</a>‌kukukuukuku, we should step up to $5","listText":"‌<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$ &nbsp;</a>‌kukukuukuku, we should step up to $5","text":"‌$SOS Limited(SOS)$ ‌kukukuukuku, we should step up to $5","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/254114789339392","isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"content":"wtf, my wish is granted, $3.8 flew to $5+ in 1 trading day","text":"wtf, my wish is granted, $3.8 flew to $5+ in 1 trading day","html":"wtf, my wish is granted, $3.8 flew to $5+ in 1 trading day"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030736720,"gmtCreate":1645805089354,"gmtModify":1676534066291,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"shat bricks again? spy up as stong as yesterday, but pltr goes into negative beta!","listText":"shat bricks again? spy up as stong as yesterday, but pltr goes into negative beta!","text":"shat bricks again? spy up as stong as yesterday, but pltr goes into negative beta!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030736720","repostId":"9030702857","repostType":1,"repost":{"id":9030702857,"gmtCreate":1645801898477,"gmtModify":1676534065743,"author":{"id":"3584030980368168","authorId":"3584030980368168","name":"paperhandler","avatar":"https://static.tigerbbs.com/612af881d0a9c92f4b2c94b453ceca08","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584030980368168","authorIdStr":"3584030980368168"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>it's a very sad ending to see a company like this bleed. with all the fundamentals and government contract, and above wll, social media \"positive\" leak. it's one of the finest stock for the next 5-10 years but it's not even improving&nbsp;moving on, rate hike at 0.25 bps confirmed in march? i'm not too sure myself but if it does happen there will be lots of paper hands will just go. good luck to all 🌊🐯","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>it's a very sad ending to see a company like this bleed. with all the fundamentals and government contract, and above wll, social media \"positive\" leak. it's one of the finest stock for the next 5-10 years but it's not even improving&nbsp;moving on, rate hike at 0.25 bps confirmed in march? i'm not too sure myself but if it does happen there will be lots of paper hands will just go. good luck to all 🌊🐯","text":"$Palantir Technologies Inc.(PLTR)$it's a very sad ending to see a company like this bleed. with all the fundamentals and government contract, and above wll, social media \"positive\" leak. it's one of the finest stock for the next 5-10 years but it's not even improving moving on, rate hike at 0.25 bps confirmed in march? i'm not too sure myself but if it does happen there will be lots of paper hands will just go. good luck to all 🌊🐯","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030702857","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362809608110392,"gmtCreate":1729612395685,"gmtModify":1729612399656,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"‌<a href=\"https://laohu8.com/S/QNTM\">$Quantum Biopharma Ltd.(QNTM)$ &nbsp;</a>‌here comes the spoofers again selling to 1 another","listText":"‌<a href=\"https://laohu8.com/S/QNTM\">$Quantum Biopharma Ltd.(QNTM)$ &nbsp;</a>‌here comes the spoofers again selling to 1 another","text":"‌$Quantum Biopharma Ltd.(QNTM)$ ‌here comes the spoofers again selling to 1 another","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362809608110392","isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279372914450592,"gmtCreate":1709227890422,"gmtModify":1709227895276,"author":{"id":"3578455735381463","authorId":"3578455735381463","name":"DZEnterprise","avatar":"https://community-static.tradeup.com/news/0c2eac0d8bbd9c6c3f141873741ddc1a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578455735381463","authorIdStr":"3578455735381463"},"themes":[],"htmlText":"hehehee, he can try selling those \"performance\" free shares b4 the clause-date is up.&nbsp; we want to see how he can bypass those like what he did with APreferedE shares.","listText":"hehehee, he can try selling those \"performance\" free shares b4 the clause-date is up.&nbsp; we want to see how he can bypass those like what he did with APreferedE shares.","text":"hehehee, he can try selling those \"performance\" free shares b4 the clause-date is up. we want to see how he can bypass those like what he did with APreferedE shares.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279372914450592","repostId":"2416521391","repostType":2,"repost":{"id":"2416521391","kind":"highlight","pubTimestamp":1709220360,"share":"https://ttm.financial/m/news/2416521391?lang=&edition=fundamental","pubTime":"2024-02-29 23:26","market":"us","language":"en","title":"AMC’s Revenue Beat Not Helping the Stock. CEO Aron Is Riding It Lower With You.","url":"https://stock-news.laohu8.com/highlight/detail?id=2416521391","media":"marketwatch","summary":"AMC said concert movies from Taylor Swift and Beyoncé boosted revenue in the fourth quarter.              Angela Weiss / AFP via Getty Images                AMC Entertainment        has been trading w","content":"<html><body><div itemprop=\"articleBody\"> <div> <div> <div aria-hidden=\"true\"></div> </div> </div> <div> <div> <div aria-label=\"Listen to Article\" role=\"region\" tabindex=\"-1\"> </div> </div> </div> <div> <figure itemscope=\"\" itemtype=\"http://schema.org/ImageObject\"> <div> <img itemprop=\"contentUrl\" sizes=\"(max-width: 639px) 100vw, (max-width: 979px) 300px, (max-width: 1299px) 300px, 300px\" src=\"https://images.barrons.com/im-473593?width=639&amp;height=434\" srcset=\"https://images.barrons.com/im-473593?width=300&amp;size=1.472957422324511 300w, https://images.barrons.com/im-473593?width=639&amp;size=1.472957422324511 639w, https://images.barrons.com/im-473593?width=639&amp;size=1.472957422324511&amp;pixel_ratio=1.5 958w, https://images.barrons.com/im-473593?width=639&amp;size=1.472957422324511&amp;pixel_ratio=2 1278w, https://images.barrons.com/im-473593?width=639&amp;size=1.472957422324511&amp;pixel_ratio=3 1917w\" title=\"\"/> </div> <figcaption itemprop=\"caption\"> <h4>AMC said concert movies from Taylor Swift and Beyoncé boosted revenue in the fourth quarter.</h4> <span itemprop=\"creator\">             Angela Weiss / AFP via Getty Images           </span> </figcaption> </figure> </div> <p> AMC Entertainment        has been trading wildly this year, just like it did during the height of the meme-stock era. The stock on Thursday was doing more of the same, trading sharply lower on the back of its earnings report with CEO Adam Aron acknowledging the volatility. </p> <p>“I am a shareholder. I am holding. I’m not selling. I ride with you. So when you get well financially with          AMC<span>,</span>        I will too,” Aron said on company’s earnings call Wednesday. “But if you’re hurting from that investment, I believe that I too should be hurting with you as well.”</p> <div> <p>“Therefore, to prove that these words are not hollow and to show executive leadership from someone who is in your foxhole, I want you to know that I recommended last week to the AMC Board of Directors that for the next 12 months, starting right now, my target compensation should be substantially reduced,” he added.</p> <p>The movie-theater chain stock was down 11% to $4.43 on Thursday. The stock decline seems to be less about the quarterly financial metrics and more about the slew of challenges the company continues to face, namely a pile of debt and the echoes of strikes that Aron said “crippled Hollywood for months on end.”</p> <p>Wedbush analysts Alicia Reese and Michael Pachter offered some insight around that debt in a report on Thursday.</p> <p>“AMC raised over $865 million from equity sales in 2023 ($350 in Q4) and will continue to do so as the box office slate remains depressed through 1H:24,” Wedbush wrote. “AMC’s shareholders continue to resist AMC’s share repurchases, but AMC must cover its interest payments and leases while chipping away at the $3 billion in debt repayments coming due over the next three years while renegotiating the rest.” Wedbush rates AMC at Neutral with a price target of $6. </p> <p>The box office has taken a punch from the Hollywood strikes but Aron said “things will pick up considerably soon and then again later in 2024 and 2025, which in the grand scheme of things is right around the corner, could be a gangbusters year both for our industry and for AMC as a company.”</p> <p>B. Riley Securities analyst Eric Wold struck a similar tone, writing that the strikes may create challenges this year but that the box office will rebound in 2025 and AMC will more than deliver on attendance growth and customer spending. B. Riley cut its price target to $8 from $12 but reiterated a Neutral rating in a research report.</p> <p>AMC on Wednesday reported a fourth-quarter adjusted per-share loss of 54 cents, narrower than the loss of 70 cents expected by analysts. Revenue of $1.1 billion topped estimates of $1.06 billion, according to FactSet. Concert films <em>Taylor Swift: The Eras Tour</em> and <em>Renaissance: A Film by Beyoncé</em> gave a healthy boost to quarterly revenue, AMC said.</p> <p>Write to Emily Dattilo at emily.dattilo@dowjones.com</p> </div> </div></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC’s Revenue Beat Not Helping the Stock. CEO Aron Is Riding It Lower With You.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC’s Revenue Beat Not Helping the Stock. CEO Aron Is Riding It Lower With You.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-29 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/amc-earnings-stock-price-317654a9?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC said concert movies from Taylor Swift and Beyoncé boosted revenue in the fourth quarter.              Angela Weiss / AFP via Getty Images                AMC Entertainment        has been trading ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/amc-earnings-stock-price-317654a9?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://images.barrons.com/im-473593?size=1.777777777777778&width=220 220w","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.marketwatch.com/articles/amc-earnings-stock-price-317654a9?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2416521391","content_text":"AMC said concert movies from Taylor Swift and Beyoncé boosted revenue in the fourth quarter.              Angela Weiss / AFP via Getty Images                AMC Entertainment        has been trading wildly this year, just like it did during the height of the meme-stock era. The stock on Thursday was doing more of the same, trading sharply lower on the back of its earnings report with CEO Adam Aron acknowledging the volatility.  “I am a shareholder. I am holding. I’m not selling. I ride with you. So when you get well financially with          AMC,        I will too,” Aron said on company’s earnings call Wednesday. “But if you’re hurting from that investment, I believe that I too should be hurting with you as well.”  “Therefore, to prove that these words are not hollow and to show executive leadership from someone who is in your foxhole, I want you to know that I recommended last week to the AMC Board of Directors that for the next 12 months, starting right now, my target compensation should be substantially reduced,” he added. The movie-theater chain stock was down 11% to $4.43 on Thursday. The stock decline seems to be less about the quarterly financial metrics and more about the slew of challenges the company continues to face, namely a pile of debt and the echoes of strikes that Aron said “crippled Hollywood for months on end.” Wedbush analysts Alicia Reese and Michael Pachter offered some insight around that debt in a report on Thursday. “AMC raised over $865 million from equity sales in 2023 ($350 in Q4) and will continue to do so as the box office slate remains depressed through 1H:24,” Wedbush wrote. “AMC’s shareholders continue to resist AMC’s share repurchases, but AMC must cover its interest payments and leases while chipping away at the $3 billion in debt repayments coming due over the next three years while renegotiating the rest.” Wedbush rates AMC at Neutral with a price target of $6.  The box office has taken a punch from the Hollywood strikes but Aron said “things will pick up considerably soon and then again later in 2024 and 2025, which in the grand scheme of things is right around the corner, could be a gangbusters year both for our industry and for AMC as a company.” B. Riley Securities analyst Eric Wold struck a similar tone, writing that the strikes may create challenges this year but that the box office will rebound in 2025 and AMC will more than deliver on attendance growth and customer spending. B. Riley cut its price target to $8 from $12 but reiterated a Neutral rating in a research report. AMC on Wednesday reported a fourth-quarter adjusted per-share loss of 54 cents, narrower than the loss of 70 cents expected by analysts. Revenue of $1.1 billion topped estimates of $1.06 billion, according to FactSet. Concert films Taylor Swift: The Eras Tour and Renaissance: A Film by Beyoncé gave a healthy boost to quarterly revenue, AMC said. Write to Emily Dattilo at emily.dattilo@dowjones.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}