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Membership Collective Group Inc. (MCG)

NYSE - NYSE Delayed price. Currency in USD
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12.60-0.35 (-2.70%)
At close: 1:00PM EST
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  • Y
    Yahoo Finance Insights
    Membership Collective is up 8.95% to 13.15
  • Y
    Yahoo Finance Insights
    Membership Collective is up 9.99% to 12.00
  • Y
    Yahoo Finance Insights
    Membership Collective is down 8.78% to 10.80
  • J
    John
    Rebrand. Now called Hi Me house in honor of Ron burlle
  • m
    mazzola
    (http://Fairstox.com) is truly one of the best stock advice newsletters out there! Their daily emails give me all the information I need to trade more wisely each day. I rely heavily on their watchlists and recommend all traders should do the same!
  • J
    James
    Bitcoin is the future!
    Many people are seeking for stability in this unstable crypto space and A lot of people are wondering if now is a good time to buy because of where the price is at right now . I'd say it's outrightly wrong to just sit back hold and wait maybe incur some losses along the line , that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making proflts should be the way of life that being said , the market is still all about BTC at the moment and I'll advise current investors and newbies to take advantage of the Mr Steve program , an establishment that handles people who lack understanding on how maneuver the crypto space , to help them recover loss from the crash and also accumulate more positive returns , with their program i went from having 1.4btc to 9btc in just 9 weeks. Steve can be reached onT E LEG RAM ( stevewarrenfx ) or on WhatsApp: +1 (813) 683‑6310
  • N
    Noon Rider
    How hilarious - You can buy shares in a club for "wealthy elites". You cannot afford and are not invited to but buy some shares! Yes, you can be a bagholder and help support the rich elite's private playpens LOL
  • N
    NotMe
    all you need to know: We have incurred net losses in each year since our inception, and we may not be able to achieve profitability.

    We have incurred net losses of $93 million for first quarter 2021 and net losses of $235 million for fiscal 2020. As of April 4, 2021, we had an accumulated deficit of $848 million and as of January 3, 2021, we had an accumulated deficit of $757 million. Historically, we have invested significantly in efforts to open new Houses, launch and grow complimentary businesses, hire additional employees, and enhance our membership experience. Beginning in the second quarter of 2020, as a response to the COVID-19 pandemic we significantly reduced our fixed and variable costs including by reducing discretionary capital spend. Nevertheless, we have continued to make significant investments in our membership platforms, including through our digital platforms and in new Houses. These efforts may prove more expensive than we currently anticipate, and we may not succeed in increasing our revenue from these investments or otherwise sufficiently offset these expenses. While we have enacted measures to reduce our expenses, we expect to continue to incur a net loss in fiscal 2021, and we are utilizing a significant portion of our cash to support our operations in fiscal 2021 as a consequence of suffering a material decrease in revenues.

    https://www.sec.gov/Archives/edgar/data/0001846510/000119312521208063/d89619ds1a.htm#toc89619_14
  • A
    Adam
    This might be the most illegitimate investment of all time
  • J
    Jo
    MCG owns some of the most premier real estate properties in the entire country. WAKE UP. This will go back to $15 very very soon once you look at their portfolio of properties.
  • Z
    ZAB
    Totally is BS
  • L
    Lun
    Hahahaha, as if this company are worth 2.5 billion
  • L
    Ledine
    I'm a member but didn't participate in the directed share program prior. I don't see why outsiders would invest but I do see the club members coming together. There's a lot of money among them
  • J
    J Lc
    Does anyone know what they do?