AMC Entertainment (NYSE:AMC) sold 11.55 million shares of AMC stock on June 3 at $50.85 a share. The stock sale raised $587.4 million in equity proceeds before fees. As a result of the sale, it now has 513.3 million shares outstanding, 10 times the amount a year ago. Source: Sundry Photography / Shutterstock.com Axios’ Felix
In this article VIV-FR PSTH Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman’s blank-check company Pershing Square Tontine Holdings (PSTH) confirmed Friday it was in talks to buy 10% of Universal Music Group for around $4 billion. The deal values Universal Music at 35 billion
In this article GM Check out the companies making headlines in midday trading. Blackberry — Shares of the tech company were down 4% in midday trading after surging more than 20% shortly after the opening bell. Blackberry has become one of the most-discussed stocks on Reddit in recent days, which helped to fuel a rally.
Compared with other cloud application high-flyers, ServiceNow (NYSE:NOW) has become a cheap stock. NOW stock closed on Friday at $460.65 a share, down 18.1% since late April’s earnings report. Source: Shutterstock At that June 4 closing price, it’s worth $90.95 billion. That’s almost 19 times last year’s revenue of $4.8 billion, which sounds dear. But
For the past decade, Northern Dynasty (NYSEAMERICAN:NAK) stock has been one of the larger gold mining juniors out there. Source: allstars / Shutterstock.com The company has long sought to develop its Pebble property into a working gold mine. In recent years, the price of gold cooperated as well. As gold surged, it seemed increasingly as if
Despite falling 33% since its all time high, Roku (NASDAQ:ROKU) stock ended trade June 3 at $323.80/share. That’s a market cap of $42.8 billion on expected 2021 sales of $2 billion. Source: AhmadDanialZulhilmi / Shutterstock.com Roku stock is punching above its weight because Roku streaming devices beat the Amazon (NASDAQ:AMZN) Fire Stick. By licensing its technology
The global energy market is an integral part of the global economy. Here, we profile three energy-focused mutual funds that not charge a sales load and also pay dividends. They are the Vanguard Energy Fund Investor Shares (VGENX), the Fidelity Select Natural Gas Fund (FSNGX), and the Guinness Atkinson Global Energy Fund (GAGEX). Key Takeaways
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we first learned about the primary components of a bond. We learned that the par value or face
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market. Swing Trading v. Day Trading Swing: -Potential to make more money than with day trading -Going across multiple days (e.g. a 100 day period) -You do have the risk of holding positions overnight;
This week, Kevin Matras shows how to use the Price to Sales ratio. Highlighted stocks include GPRE, KIRK, SPR, TOWR and VVTV.
In this article AMC Closed signs are seen on an AMC Theatre during the outbreak of the coronavirus disease (COVID-19), in New York City, April 29, 2020. Brendan McDermid | Reuters Investment firm Mudrick Capital has exited both its debt and equity positions in AMC Entertainment, sources tell CNBC’s David Faber, as the theater chain’s
In this article AVGO DOCU CRWD AMC CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines after the bell: AMC Entertainment — AMC Entertainment was on the move again after a volatile trading session. Shares fell 7% after hours after closing down nearly 18% in the regular
Hurricane season is not for the faint of heart. It has far-reaching negative implications for the broader economy and the investment world. But there are companies out there that actually benefit from the season. So, it is not surprising that many people seek out the best stocks to buy to profit during this time. We
AT&T’s (NYSE:T) plans to spin-off/merge its WarnerMedia unit with Discovery (NASDAQ:DISCA) may be the right move strategically. But, with its related plans to slash its dividend, investors who’ve bought into T stock for its yield haven’t been too happy. After the announcement, shares in “Ma Bell” saw an immediate drop, falling from around $32 per share,
Just when I thought there might be a nice orderly selloff of GameStop (NYSE:GME) stock, the Reddit crowd is back at it. In the 30 days ending June 1, GME stock jumped 53%. And the only explanation that seems to fit is that the Reddit crowd simply loves to pump up heavily shorted stocks. Source: Shutterstock
I should know better than to make price predictions about biotech stocks like Ocugen (NASDAQ:OCGN). Clearly, I don’t have a clue where OCGN stock is headed. Source: Shutterstock In early May, I wrote a piece about the Covid-19 vaccine candidate, suggesting that it looked ready to blow through $18 a share. It had just doubled
Aleksandr Sumarokov / EyeEm | EyeEm | Getty Images Some people believe the Reddit gang bidding up meme stocks like AMC won’t lead to ruin for themselves and that the movement is a positive thing for investing overall. They are claiming once again that “this time is different.” In 37 years, I have heard that
Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies
Should traders and investors buy SoFi Technologies (NYSE:SOFI) stock? As a short-term trade, the shares may be profitable. This name, which merged with the SPAC known as Social Capital Hedosophia Holdings V, could attract enough buyers to bounce back towards its all time high of around $28 per share. Source: rafapress / Shutterstock.com SoFi stock
Today we’re going to touch on one of my favorite topics, which is science fiction. As technology evolves, it is becoming more science than fiction, and we are almost there. The opportunity to profit from exploring space is as real as ever. Virgin Galactic (NYSE:SPCE) is a major commercial space travel company trading publicly. But trading