Who's going to carry the logs
Swing Trader
AMC could be developing into a turnaround as moviegoing revives. A slate of big releases this year, including Spider-Man: Brand New Day, Dune, Doomsday, Endgame Encore and Hunger Games, supports a recovery for the beaten-down, sub-$10 stock. x.comÂ
D-Box's new CEO has a media-industry background, making him likely to keep pushing its theater-seat rollout. There is a long runway for that expansion, though relying on simply adding more seats in more theaters still makes that growth path uncomfortable. x.comÂ
AMC Entertainment has burned its retail shareholders for years on end, yet people keep playing the game. The latest example, per @Ryan__Rigg: AMC priced a $200 million registered direct offering of 95.25 million new shares, mainly to redeem its $125.5 million of 6.125% senior subordinated notes due 2027. x.comÂ
IMAX's next earnings report could blow expectations out of the water. Seeing The Odyssey in IMAX rated the format experience 9/10, above the film itself at 8/10, with the only flaw being that it was slightly too loud. x.comÂ
Consumer-facing stocks remain vulnerable as even middle and upper-middle income shoppers pull back. Dave & Buster's fell 15% on ongoing "entertainment weakness", dragging the sector including Texas Roadhouse. Dollar General said at a Goldman conference that customers across income cohorts are somewhat distressed, with middle to upper-middle shoppers acting like lower-income ones. Diesel near $7 and gasoline near $4.50 add about $700M a day in fuel costs versus a year ago. x.com x.com x.com x.com … Show more