Retail group stocks ended in a frenzy for two days. The whole market plummeted, and AMC took the opportunity to issue new shares
On Wednesday, US retail group stocks plummeted across the intraday market and trading was suspended several times. Although the decline narrowed significantly at the close, Game Station (GME) still plummeted 18.9%, AMC cinemas closed down 20%, Koss closed down 19.2%, and Blackberry closed down 6.9%. According to news on Wednesday the same day, AMC disclosed in a document that it will issue 23.3 million shares in exchange for notes due in 2026, with a principal amount of US$164 million.
Zeo Energy Q1 Sales $19.49M Up From $18.73M YoY
Zeo Energy (NASDAQ:ZEO) reported $19.49 million in sales this quarter. This is a 4.05 percent increase over sales of $18.73 million the same period last year.
Spruce Power Holding Q1 2024 EPS $(0.13) Up From $(1.06) YoY; Revenue $18.287M Up From $18.095M YoY
Spruce Power Holding Q1 2024 EPS $(0.13) Up From $(1.06) YoY; Revenue $18.287M Up From $18.095M YoY
What's Going On With Nextracker Stock After Earnings?
Nextracker Inc.(NASDAQ:NXT) shares are trading higher Wednesday after the company posted better-than-expected fourth-quarter financial results. Here's a look at the key figures from the report.The Det
Wells Fargo Maintains Equal-Weight on SolarEdge Technologies, Lowers Price Target to $62
Wells Fargo analyst Praneeth Satish maintains SolarEdge Technologies (NASDAQ:SEDG) with a Equal-Weight and lowers the price target from $81 to $62.
SolarEdge Technologies Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/15/2024 11.01% Wells Fargo $81 → $62 Maintains Equal-Weight 05/13/2024 0.27% Susquehanna $92 → $56 Down