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Analystdowngrades

All articles tagged with #analystdowngrades

finance-and-business2 years ago

"AMC Stock's Continued Decline: From Meme Stock Mania to Record Lows"

AMC Entertainment's shares hit an all-time low, continuing the decline from the 2021 meme stock surge, while Rocket Companies received a downgrade from KBW analysts, citing valuation concerns and market share loss in refinancing. AMC's efforts to reduce debt through equity offerings and a lackluster box office year have not improved its stock performance, and no analysts currently recommend buying. Rocket Companies, despite a significant stock price increase over the past year, faces skepticism from analysts about its future growth potential.