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Wall Street

AMC stock drops 33pc as movie chain sets another share sale
Markets

AMC stock drops 33pc as movie chain sets another share sale

  • AMC's shares traded 33.4% lower on Thursday at $41.10 after the company said it agreed to sell up to 11.55 million of its shares from time to time in an at-the-market program. A wave of buying from retail investors had helped AMC's share price nearly double to a record close of $62.55 in the prior session.
Published 03 Jun, 2021 08:55pm
Dow, S&P 500 rise on optimism about economic recovery
Markets

Dow, S&P 500 rise on optimism about economic recovery

  • US manufacturing sector picks up in May – ISM.
  • Meme stocks extend gains; AMC Entertainment shares jump.
  • Data analytics firm Cloudera soars on plans to go private.
  • Indexes: Dow up 0.34%, S&P rises 0.10%, Nasdaq off 0.19%.
Published 01 Jun, 2021 08:46pm
Wall Street lower
Markets

Wall Street lower

NEW YORK: Wall Street ended lower on Monday, weighed down by tech shares as signs of growing inflation worried...
Published 19 May, 2021 06:00am
Japanese shares surge
Markets

Japanese shares surge

TOKYO: Japanese shares gained on Monday, as a strong finish last week on Wall Street boosted risk appetite, while...
Published 11 May, 2021 04:39am
Coca-Cola revenue rises past estimates on easing pandemic curbs
Business & Finance

Coca-Cola revenue rises past estimates on easing pandemic curbs

  • Net revenue rose to $9.02 billion in the first quarter, from $8.60 billion a year earlier, above analysts' average estimate of $8.63 billion, according to IBES data from Refinitiv.
  • Net income attributable to the company's shareholders fell to $2.25 billion, or 52 cents per share, from $2.78 billion, or 64 cents per share, a year earlier.
Published 19 Apr, 2021 04:27pm