AMC Entertainment (NYSE:AMC) , which operates movie theaters worldwide, closed Thursday at $2.29, up 9.86%. The stock moved higher after news broke that AMC completed a $150 million at-the-market equity offering. Investors are watching to see whether stronger box-office trends sustain the turnaround narrative. Trading volume reached 58.4 million shares, about 85% above its three-month average of 3...
AMC Entertainment (NYSE:AMC) , which operates movie theaters worldwide, closed Thursday at $2.29, up 9.86%. The stock moved higher after news broke that AMC completed a $150 million at-the-market equity offering. Investors are watching to see whether stronger box-office trends sustain the turnaround narrative. Trading volume reached 58.4 million shares, about 85% above its three-month average of 31.5 million shares. AMC Entertainment IPO'd in 2013 and has fallen 99% since going public. The S&P 500 rose 1.73% to 7,393, while the Nasdaq Composite gained 2.54% to finish at 25,810. Within the entertainment space, industry peers Cinemark closed at $34.00 (+2.87%), and IMAX ended at $42.12 (-0.14%), underscoring mixed moves across theater-focused names. While most equity offerings prompt a share price decline, AMC rose 10% today after completing a $150 million at-the-market equity offering. This raise added financial flexibility for the company, as it could play a small role in whittling down its $3.9 billion in long-term debt and funding its $3.4 billion in leases. Continue reading
Polls Turn Against Netanyahu As Trump Says PM 'May Quit Politics' Via The Cradle A poll published by an Israeli research center on Tuesday has revealed that most Israelis do not want Prime Minister Benjamin Netanyahu to run in the upcoming election . The poll was released by the Viterbi Center for Public Opinion and Policy Research at the Israel Democracy Institute, based in occupied Jerusalem. It...
Polls Turn Against Netanyahu As Trump Says PM 'May Quit Politics' Via The Cradle A poll published by an Israeli research center on Tuesday has revealed that most Israelis do not want Prime Minister Benjamin Netanyahu to run in the upcoming election . The poll was released by the Viterbi Center for Public Opinion and Policy Research at the Israel Democracy Institute, based in occupied Jerusalem. It was conducted between May 31 and June 5. According to the results, 61 percent of Israelis believe Netanyahu should not run in the elections . Thirty-five percent were in favor of the premier running. The number of Israeli Jews who are opposed to his running stood at 57 percent, while 39.5 percent of Jewish Israelis believe he should run. Among the Palestinians with Israeli citizenship living in the territories ethnically cleansed during the 1948 Nakba, 83 percent are against Netanyahu running in the election, according to the poll. Eleven percent of Palestinians with Israeli citizenship support his candidacy, the poll added. A recent poll revealed a significant deterioration in the global reputation of Netanyahu and Israel. The survey was published amid growing uncertainty over Netanyahu’s political future following comments by US President Donald Trump, who claimed the premier may want to step back from politics. Trump told ABC News on Tuesday that he was unsure “if Bibi even wants to continue.” Most Israelis don't want Netanyahu to run in the next election, poll finds https://t.co/80hA7dxXLg — Haaretz.com (@haaretzcom) June 9, 2026 “I don’t know, he’s had an amazing career. Does he want to continue? Because, you know, he’s a wartime prime minister. We will very shortly win the war one way or the other, and you know he’s a wartime prime minister ,” Trump added. Likud has since responded, saying that Netanyahu will run in the upcoming election . Netanyahu is mired in a years-long criminal trial over corruption and other scandals. The trial has seen near-constant delays. Th...
The Good Brigade/DigitalVision via Getty Images June 11th was a phenomenal day for shareholders of Hooker Furnishings Corporation ( HOFT ). Shares of the company shot up well over 20% and are currently trading 21.8% above where they closed the previous day. This came after management announced financial results for the first quarter of the company's 2027 fiscal year. Even though revenue dropped ye...
The Good Brigade/DigitalVision via Getty Images June 11th was a phenomenal day for shareholders of Hooker Furnishings Corporation ( HOFT ). Shares of the company shot up well over 20% and are currently trading 21.8% above where they closed the previous day. This came after management announced financial results for the first quarter of the company's 2027 fiscal year. Even though revenue dropped year over year, it came in above what analysts were anticipating. Earnings per share did exceptionally well compared to what analysts feared. Management seems to be doing a fine job of turning the ship around. This includes opening the door for growth in the second half of this year and also cutting costs. Some might believe that I am disappointed by this. After all, back in early April of this year, I called the company a soft Sell. That was because, despite aggressive cost-cutting efforts and improved cash flows, the company was still dealing with declining sales and cash outflows. I was also concerned about industry-wide furniture sales showing weakness, which indeed do appear to be a trend that is worsening as the economic climate deteriorates. However, I am actually happy that management is doing such a fine job despite these challenging conditions. I will say that the risk profile for shareholders is anything but low. But I do think that the picture is attractive enough, in light of these recent developments, to upgrade the stock to a Hold. Taking A Seat And Analyzing Hooker Furnishings Author - SEC EDGAR Data For the most part, I would say that the first quarter of the 2027 fiscal year was a pretty good time for shareholders of Hooker Furnishings. Management reported sales of $69.5 million. That was, admittedly, down from the $71.2 million that the business reported a year earlier. However, it ended up being $3.1 million higher than what analysts had hoped to see. According to management, both of the company’s operating segments experienced weakness during the quarter....