Previous close | 4.9700 |
Open | 4.9700 |
Bid | 4.7000 |
Ask | 5.2500 |
Strike | 8.00 |
Expiry date | 2025-01-17 |
Day's range | 4.9700 - 4.9700 |
Contract range | N/A |
Volume | |
Open interest | 3.9k |
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
Here are some of the key events to watch for on Wednesday, May 8th. First quarter earnings season continues, with several companies scheduled to release their financial results, including Uber (UBER), Airbnb (ABNB), and AMC Entertainment (AMC). Additionally, Federal Reserve officials, including Fed Vice Chair Philip Jefferson, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will provide insight into inflation and the path for interest rates. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
AMC Entertainment on Wednesday beat analysts' estimates for first-quarter revenue, as films like "Dune: Part Two", "Civil War" and "The Fall Guy" brought audiences to the world's largest theater chain. The company reported a fall in quarterly revenue that was cushioned by March launches of movies such as the fourth sequel of "Kung Fu Panda" and the second installment of the star-studded science fiction epic "Dune", featuring Timothee Chalamet and Zendaya. AMC turned to alternative content in push ticket sales as production halts due to the dual strikes of writers and actors delayed the launch of a slate of movies this year.