Corus Entertainment Slashes Dividend – Stock Drops Nearly 20%
Needless to say, Corus Entertainment, Inc. is not having a good day. Early Wednesday, the stock found itself down 11%. Now, at press time, Corus Entertainment is down nearly 20% on the TSE market. Why, though? ... [Read]
MoviePass Stock Hits a New Low – CEO Takes to Reddit
Helio & Matheson Analytics inc., the owner of MoviePass is in trouble. MoviePass stock has dipped below 24.5 cents, which is a 15 percent tumble marking a new low for the stock. This is the ... [Read]
Global Eagle Entertainment Business Transformation
Global Eagle Entertainment, Inc (NASDAQ:ENT): Stock price for Global Eagle has been under pressure over the last three years. Lower margins and escalating losses are contributing to the price crash. Its losses swelled from $57 million ... [Read]
Pandora Media Reports Positive Q1 Results
California-based music streaming company Pandora Media (NYSE:P) reported positive results for its first quarter of 2018. The report, which was released on Thursday, showed growth in several areas within the company. Quarterly revenue went up ... [Read]
Helios & Matheson Analytics Announces $30 Million Public Offering – Shares Plummet
Shares of the analytics company Helios & Matheson Analytics (NASDAQ:HMNY) plummetted Thursday after the company announced a USD $30 million public offering. The company, which owns a 92% majority stake in the movie-theatre subscription service ... [Read]
Can IMAX Stock Rebound After a Huge Selloff?
IMAX Corporation (NYSE:IMAX) shares have been declining steadily over the last twelve months; stock plunged from$ 41 a share in fiscal 2015 to around $20 at present. The IMAX stock has the 52-week range of ... [Read]
Analysts Upgrade Pandora Media Stock – Here’s Why
Pandora Media (NYSE:P) shares are among the most significant laggards over the last three years, with widening losses. Pandora shares dipped 54% in the previous year alone, down 85% from all-time high of $40 it ... [Read]
iHeartMedia Inc Files for Bankruptcy but Shares Jump
After filing for Chapter 11 bankruptcy on March 14, shares of iHeartMedia Inc. (OTC:IHRTQ) went up approximately 8% the next day. As one of the largest US radio companies specializing in radio, digital, outdoor, mobile, ... [Read]
Small-Cap Stocks Are on Momentum, Russell 2000 Index up 15% in a Year
Small cap companies measured by Russell 2000 index posted an average return of 15% last year despite a lot of volatility in markets over the free trade worries and Trump’s stance on the NAFTA agreement. ... [Read]
Global Eagle Entertainment Stock Soars on Solid Revenue Growth, Stock Up 38%.
Global Eagle Entertainment Inc. (NASDAQ:ENT) stock soared as much as 38% in Wednesday’s trade, supported by stronger than expected growth in financial numbers. In the third quarter, the company generated revenue growth of 23% to $460 ... [Read]