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Stock Slide

All articles tagged with #stock slide

finance2 years ago

AMC Stock Slide: Investor Trust in Question

AMC's stock has hit record lows, down over 98% from its all-time high in 2021, with investors feeling worn out and concerned about further dilution. The company's efforts to focus on core business and diversify revenue streams have not yet driven consistent profitability, leading to a prolonged losing streak. Analysts note a lack of theatrical content and high debt load as challenges for the movie-theater industry, with AMC poorly positioned relative to its peers. Despite this, AMC remains focused on reducing debt and raising capital, with hopes for an improved theatrical environment in the future.

via MarketWatch|
#amc#finance#investors
business2 years ago

Oracle's Cloud Revenue Plummets, Stock Takes a Hit

Oracle shares fell over 10% after the company missed revenue estimates in its fiscal second-quarter earnings report. The company's adjusted earnings per share narrowly beat expectations, but its revenue fell short. Analysts expressed concern about Oracle's cloud revenue shortfall and its ability to quickly build out infrastructure capacity. Despite the stock slide, some analysts remain bullish on Oracle due to recent deals, solid demand, and a commitment to maintaining growth in its cloud infrastructure.

via CNBC|
#business#cloud-revenue#earnings-report
business2 years ago

UPS CEO Assures Investors of New Labor Contract Amid Stock Slide and Peak Delivery Surcharges

UPS CEO Carol Tome has emphasized that the costs incurred by the company for the new Teamsters labor contract are less than the "$30 billion in new money" claimed by the union, as the company seeks to reassure investors. The contract, which was reached in July, prevented a potentially disruptive work stoppage. Despite this, UPS shares have fallen over 14% since the announcement. Tome believes that the contract is cost-effective and fair, with 46% of the compensation occurring in the first year. She also highlighted the importance of work/life balance and the ability to deliver on weekends for customers. Looking ahead, Tome is focused on implementing her "Better and Bolder" strategy, which involves modernizing and maximizing profits through automation and innovation.

via CNBC|
#business#ceo-carol-tome#labor-contract