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2021-06-03

OLD NEWS

Toplines Before US Market Open on Thursday

2021-06-03

OLD NEWS

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drop</li></ul><ul><li>Meme&nbsp;stocks fluctuated greatly</li></ul><p>U.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.</p><p>At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&amp;P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5551aa2c67b20860026ceb7c9155636\" tg-width=\"1080\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:12</span></p><p>A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.</p><p>Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.</p><p>Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC) </b>– AMC&nbsp;filed to sell up to 11.55 million common shares&nbsp;“from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC&nbsp;had initially surged in the premarket&nbsp;after nearly doubling Wednesday, but fell 9.7% after the filing.</p><p><b>BlackBerry&nbsp;(BB),Koss&nbsp;(KOSS),GameStop&nbsp;(GME),Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath &amp; Beyond dropped 12.9% after soaring 62% Wednesday.</p><p><b>Express&nbsp;(EXPR) </b>– The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.</p><p><b>Meredith Corp.&nbsp;(MDP) </b>– Meredith accepted a revised bid from&nbsp;Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.</p><p><b>Ciena&nbsp;(CIEN) </b>– The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.</p><p><b>J.M. Smucker&nbsp;(SJM)</b> – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.</p><p><b>PVH&nbsp;(PVH)</b> – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.</p><p><b>Exxon Mobil&nbsp;(XOM)</b> – Exxon said in an SEC filing that hedge fund Engine No. 1&nbsp;had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.</p><p><b>FireEye&nbsp;(FEYE) </b>– FireEye&nbsp;announced the sale&nbsp;of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.</p><p><b>Emergent BioSolutions&nbsp;(EBS)</b> – The Food and Drug Administration is working with&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;AstraZeneca&nbsp;(AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&amp;J’s vaccine with the active ingredient in AstraZeneca’s treatment.</p><p><b>Splunk&nbsp;(SPLK)</b> – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.</p><p><b>Tilray&nbsp;(TLRY)</b> – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-03 20:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Nasdaq futures lead stock drop</li></ul><ul><li>Meme&nbsp;stocks fluctuated greatly</li></ul><p>U.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.</p><p>At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&amp;P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5551aa2c67b20860026ceb7c9155636\" tg-width=\"1080\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:12</span></p><p>A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.</p><p>Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.</p><p>Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC) </b>– AMC&nbsp;filed to sell up to 11.55 million common shares&nbsp;“from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC&nbsp;had initially surged in the premarket&nbsp;after nearly doubling Wednesday, but fell 9.7% after the filing.</p><p><b>BlackBerry&nbsp;(BB),Koss&nbsp;(KOSS),GameStop&nbsp;(GME),Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath &amp; Beyond dropped 12.9% after soaring 62% Wednesday.</p><p><b>Express&nbsp;(EXPR) </b>– The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.</p><p><b>Meredith Corp.&nbsp;(MDP) </b>– Meredith accepted a revised bid from&nbsp;Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.</p><p><b>Ciena&nbsp;(CIEN) </b>– The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.</p><p><b>J.M. Smucker&nbsp;(SJM)</b> – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.</p><p><b>PVH&nbsp;(PVH)</b> – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.</p><p><b>Exxon Mobil&nbsp;(XOM)</b> – Exxon said in an SEC filing that hedge fund Engine No. 1&nbsp;had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.</p><p><b>FireEye&nbsp;(FEYE) </b>– FireEye&nbsp;announced the sale&nbsp;of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.</p><p><b>Emergent BioSolutions&nbsp;(EBS)</b> – The Food and Drug Administration is working with&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;AstraZeneca&nbsp;(AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&amp;J’s vaccine with the active ingredient in AstraZeneca’s treatment.</p><p><b>Splunk&nbsp;(SPLK)</b> – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.</p><p><b>Tilray&nbsp;(TLRY)</b> – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","BB":"黑莓",".SPX":"S&P 500 Index","BBBY":"3B家居","EXPR":"Express, Inc.","AMC":"AMC院线","GME":"游戏驿站","TLRY":"Tilray Inc.",".DJI":"道琼斯","KOSS":"高斯电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140207862","content_text":"Nasdaq futures lead stock dropMeme stocks fluctuated greatlyU.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.*Source From Tiger Trade, EST 08:12A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.Stocks making the biggest moves in the premarket:AMC Entertainment (AMC) – AMC filed to sell up to 11.55 million common shares “from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC had initially surged in the premarket after nearly doubling Wednesday, but fell 9.7% after the filing.BlackBerry (BB),Koss (KOSS),GameStop (GME),Bed Bath & Beyond (BBBY) – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath & Beyond dropped 12.9% after soaring 62% Wednesday.Express (EXPR) – The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.Meredith Corp. (MDP) – Meredith accepted a revised bid from Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.Ciena (CIEN) – The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.J.M. Smucker (SJM) – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.PVH (PVH) – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.Exxon Mobil (XOM) – Exxon said in an SEC filing that hedge fund Engine No. 1 had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.FireEye (FEYE) – FireEye announced the sale of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.Emergent BioSolutions (EBS) – The Food and Drug Administration is working with Johnson & Johnson (JNJ) and AstraZeneca (AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&J’s vaccine with the active ingredient in AstraZeneca’s treatment.Splunk (SPLK) – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.Tilray (TLRY) – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118138286,"gmtCreate":1622722598345,"gmtModify":1704189722430,"author":{"id":"3576618322167473","authorId":"3576618322167473","name":"Xmplify","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576618322167473","authorIdStr":"3576618322167473"},"themes":[],"htmlText":"OLD NEWS&nbsp;","listText":"OLD NEWS&nbsp;","text":"OLD NEWS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118138286","repostId":"2140542610","repostType":2,"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":118138286,"gmtCreate":1622722598345,"gmtModify":1704189722430,"author":{"id":"3576618322167473","authorId":"3576618322167473","name":"Xmplify","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576618322167473","authorIdStr":"3576618322167473"},"themes":[],"htmlText":"OLD NEWS&nbsp;","listText":"OLD NEWS&nbsp;","text":"OLD NEWS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118138286","repostId":"2140542610","repostType":2,"repost":{"id":"2140542610","kind":"live","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622718376,"share":"https://ttm.financial/m/news/2140542610?lang=&edition=fundamental","pubTime":"2021-06-03 19:06","market":"us","language":"en","title":"AMC Entertainment Holdings Files To Sell Up To 11.55Mln Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2140542610","media":"Tiger Newspress","summary":"AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.AMC Entertainment s","content":"<p>AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.</p><p><img src=\"https://static.tigerbbs.com/df04643ab4f4847afdb5d9d3285e25fa\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p>AMC Entertainment&nbsp;shares erased a 20% rally and plunged double digits in premarket trading on Thursday following a stock sale announcement.</p><p>The meme stock last traded down 10% after soaring more than 20% earlier Thursday before markets opened.</p><p>AMC said in a regulatory filing that it may offer and sell from time to time up to an aggregate of 11.55 million shares of its Class&nbsp;A common stock.</p><p>The move comes after AMC&nbsp;soared 95% in the regular trading session&nbsp;Wednesday to close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data.</p><p>AMC’s stock spiked as it hit an intraday high of $72.62, well above its previous intraday record of $36.72.</p><p>In a similar occurrence seen in January with the meme stocks like GameStop, defiant short-sellers have increased their bets against AMC shares over the last month, possibly fueling the move higher. About 18% of the AMC shares available for trading are still sold short through Wednesday, according to S3 Partners.</p><p>On Wednesday, short-sellers lost $2.8 billion as the stock surged, according to S3. That brings their year-to-date losses to more than $5 billion, according to S3.</p><p>Short sellers like hedge funds borrow the stock from an investment bank and sell it in the hopes of buying it back at a lower price and returning the shares, pocketing the difference. However, when a stock surges higher, a so-called short squeeze can occur where investors are forced to buy back the stock to cut their losses.</p><p>Trading was halted several times Wednesday as shares were up more than 100% at one point. At the end of the day, more than 710 million shares exchanged hands. That’s nearly double the number of AMC’s shares outstanding. The company’s 30-day average volume is just 143 million shares.</p><p>Retail investors — many active on Reddit’s WallStreetBets forum — led the AMC rally, and AMC executives have taken note. On Wednesday, the company announced a&nbsp;new portal to connect with individual investors&nbsp;and offered free popcorn, exclusive screenings and other perks to those who hold its stock.</p><p>JPMorgan noted that in the last week, retail order flow into AMC jumped to $583 million, 6.9 standard deviations above the average level of the last one year. According to their quantitative strategy, this kind of imbalance can lead to more outperformance by the stock in coming weeks.</p><p>AMC shares are up 2850% so far this year, bringing its market capitalization to more than $31 billion. That makes it worth more than stocks like Delta Air Lines, State Street and Best Buy.</p><p>Wednesday’s wild trading activity comes even after an investment firm reportedly sold off its stake in the company. On Tuesday, AMC revealed it&nbsp;sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock. The hedge fund later&nbsp;sold all of its AMC stock for a profitthat same day, according to&nbsp;Bloomberg News.</p><p>Most Wall Street analysts believe AMC shares will plummet eventually. The average 12-month target price of analysts is $5.11, according to FactSet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Entertainment Holdings Files To Sell Up To 11.55Mln Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Entertainment Holdings Files To Sell Up To 11.55Mln Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-03 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.</p><p><img src=\"https://static.tigerbbs.com/df04643ab4f4847afdb5d9d3285e25fa\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p>AMC Entertainment&nbsp;shares erased a 20% rally and plunged double digits in premarket trading on Thursday following a stock sale announcement.</p><p>The meme stock last traded down 10% after soaring more than 20% earlier Thursday before markets opened.</p><p>AMC said in a regulatory filing that it may offer and sell from time to time up to an aggregate of 11.55 million shares of its Class&nbsp;A common stock.</p><p>The move comes after AMC&nbsp;soared 95% in the regular trading session&nbsp;Wednesday to close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data.</p><p>AMC’s stock spiked as it hit an intraday high of $72.62, well above its previous intraday record of $36.72.</p><p>In a similar occurrence seen in January with the meme stocks like GameStop, defiant short-sellers have increased their bets against AMC shares over the last month, possibly fueling the move higher. About 18% of the AMC shares available for trading are still sold short through Wednesday, according to S3 Partners.</p><p>On Wednesday, short-sellers lost $2.8 billion as the stock surged, according to S3. That brings their year-to-date losses to more than $5 billion, according to S3.</p><p>Short sellers like hedge funds borrow the stock from an investment bank and sell it in the hopes of buying it back at a lower price and returning the shares, pocketing the difference. However, when a stock surges higher, a so-called short squeeze can occur where investors are forced to buy back the stock to cut their losses.</p><p>Trading was halted several times Wednesday as shares were up more than 100% at one point. At the end of the day, more than 710 million shares exchanged hands. That’s nearly double the number of AMC’s shares outstanding. The company’s 30-day average volume is just 143 million shares.</p><p>Retail investors — many active on Reddit’s WallStreetBets forum — led the AMC rally, and AMC executives have taken note. On Wednesday, the company announced a&nbsp;new portal to connect with individual investors&nbsp;and offered free popcorn, exclusive screenings and other perks to those who hold its stock.</p><p>JPMorgan noted that in the last week, retail order flow into AMC jumped to $583 million, 6.9 standard deviations above the average level of the last one year. According to their quantitative strategy, this kind of imbalance can lead to more outperformance by the stock in coming weeks.</p><p>AMC shares are up 2850% so far this year, bringing its market capitalization to more than $31 billion. That makes it worth more than stocks like Delta Air Lines, State Street and Best Buy.</p><p>Wednesday’s wild trading activity comes even after an investment firm reportedly sold off its stake in the company. On Tuesday, AMC revealed it&nbsp;sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock. The hedge fund later&nbsp;sold all of its AMC stock for a profitthat same day, according to&nbsp;Bloomberg News.</p><p>Most Wall Street analysts believe AMC shares will plummet eventually. The average 12-month target price of analysts is $5.11, according to FactSet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140542610","content_text":"AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.AMC Entertainment shares erased a 20% rally and plunged double digits in premarket trading on Thursday following a stock sale announcement.The meme stock last traded down 10% after soaring more than 20% earlier Thursday before markets opened.AMC said in a regulatory filing that it may offer and sell from time to time up to an aggregate of 11.55 million shares of its Class A common stock.The move comes after AMC soared 95% in the regular trading session Wednesday to close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data.AMC’s stock spiked as it hit an intraday high of $72.62, well above its previous intraday record of $36.72.In a similar occurrence seen in January with the meme stocks like GameStop, defiant short-sellers have increased their bets against AMC shares over the last month, possibly fueling the move higher. About 18% of the AMC shares available for trading are still sold short through Wednesday, according to S3 Partners.On Wednesday, short-sellers lost $2.8 billion as the stock surged, according to S3. That brings their year-to-date losses to more than $5 billion, according to S3.Short sellers like hedge funds borrow the stock from an investment bank and sell it in the hopes of buying it back at a lower price and returning the shares, pocketing the difference. However, when a stock surges higher, a so-called short squeeze can occur where investors are forced to buy back the stock to cut their losses.Trading was halted several times Wednesday as shares were up more than 100% at one point. At the end of the day, more than 710 million shares exchanged hands. That’s nearly double the number of AMC’s shares outstanding. The company’s 30-day average volume is just 143 million shares.Retail investors — many active on Reddit’s WallStreetBets forum — led the AMC rally, and AMC executives have taken note. On Wednesday, the company announced a new portal to connect with individual investors and offered free popcorn, exclusive screenings and other perks to those who hold its stock.JPMorgan noted that in the last week, retail order flow into AMC jumped to $583 million, 6.9 standard deviations above the average level of the last one year. According to their quantitative strategy, this kind of imbalance can lead to more outperformance by the stock in coming weeks.AMC shares are up 2850% so far this year, bringing its market capitalization to more than $31 billion. That makes it worth more than stocks like Delta Air Lines, State Street and Best Buy.Wednesday’s wild trading activity comes even after an investment firm reportedly sold off its stake in the company. On Tuesday, AMC revealed it sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock. The hedge fund later sold all of its AMC stock for a profitthat same day, according to Bloomberg News.Most Wall Street analysts believe AMC shares will plummet eventually. The average 12-month target price of analysts is $5.11, according to FactSet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118189539,"gmtCreate":1622723473321,"gmtModify":1704189744435,"author":{"id":"3576618322167473","authorId":"3576618322167473","name":"Xmplify","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576618322167473","authorIdStr":"3576618322167473"},"themes":[],"htmlText":"OLD NEWS","listText":"OLD NEWS","text":"OLD NEWS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118189539","repostId":"1140207862","repostType":4,"repost":{"id":"1140207862","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622722823,"share":"https://ttm.financial/m/news/1140207862?lang=&edition=fundamental","pubTime":"2021-06-03 20:20","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1140207862","media":"Tiger Newspress","summary":"Nasdaq futures lead stock dropMeme stocks fluctuated greatlyU.S. equity futures dropped with Europea","content":"<ul><li>Nasdaq futures lead stock drop</li></ul><ul><li>Meme&nbsp;stocks fluctuated greatly</li></ul><p>U.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.</p><p>At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&amp;P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5551aa2c67b20860026ceb7c9155636\" tg-width=\"1080\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:12</span></p><p>A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.</p><p>Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.</p><p>Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC) </b>– AMC&nbsp;filed to sell up to 11.55 million common shares&nbsp;“from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC&nbsp;had initially surged in the premarket&nbsp;after nearly doubling Wednesday, but fell 9.7% after the filing.</p><p><b>BlackBerry&nbsp;(BB),Koss&nbsp;(KOSS),GameStop&nbsp;(GME),Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath &amp; Beyond dropped 12.9% after soaring 62% Wednesday.</p><p><b>Express&nbsp;(EXPR) </b>– The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.</p><p><b>Meredith Corp.&nbsp;(MDP) </b>– Meredith accepted a revised bid from&nbsp;Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.</p><p><b>Ciena&nbsp;(CIEN) </b>– The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.</p><p><b>J.M. Smucker&nbsp;(SJM)</b> – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.</p><p><b>PVH&nbsp;(PVH)</b> – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.</p><p><b>Exxon Mobil&nbsp;(XOM)</b> – Exxon said in an SEC filing that hedge fund Engine No. 1&nbsp;had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.</p><p><b>FireEye&nbsp;(FEYE) </b>– FireEye&nbsp;announced the sale&nbsp;of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.</p><p><b>Emergent BioSolutions&nbsp;(EBS)</b> – The Food and Drug Administration is working with&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;AstraZeneca&nbsp;(AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&amp;J’s vaccine with the active ingredient in AstraZeneca’s treatment.</p><p><b>Splunk&nbsp;(SPLK)</b> – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.</p><p><b>Tilray&nbsp;(TLRY)</b> – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-03 20:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Nasdaq futures lead stock drop</li></ul><ul><li>Meme&nbsp;stocks fluctuated greatly</li></ul><p>U.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.</p><p>At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&amp;P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5551aa2c67b20860026ceb7c9155636\" tg-width=\"1080\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:12</span></p><p>A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.</p><p>Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.</p><p>Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC) </b>– AMC&nbsp;filed to sell up to 11.55 million common shares&nbsp;“from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC&nbsp;had initially surged in the premarket&nbsp;after nearly doubling Wednesday, but fell 9.7% after the filing.</p><p><b>BlackBerry&nbsp;(BB),Koss&nbsp;(KOSS),GameStop&nbsp;(GME),Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath &amp; Beyond dropped 12.9% after soaring 62% Wednesday.</p><p><b>Express&nbsp;(EXPR) </b>– The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.</p><p><b>Meredith Corp.&nbsp;(MDP) </b>– Meredith accepted a revised bid from&nbsp;Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.</p><p><b>Ciena&nbsp;(CIEN) </b>– The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.</p><p><b>J.M. Smucker&nbsp;(SJM)</b> – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.</p><p><b>PVH&nbsp;(PVH)</b> – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.</p><p><b>Exxon Mobil&nbsp;(XOM)</b> – Exxon said in an SEC filing that hedge fund Engine No. 1&nbsp;had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.</p><p><b>FireEye&nbsp;(FEYE) </b>– FireEye&nbsp;announced the sale&nbsp;of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.</p><p><b>Emergent BioSolutions&nbsp;(EBS)</b> – The Food and Drug Administration is working with&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;AstraZeneca&nbsp;(AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&amp;J’s vaccine with the active ingredient in AstraZeneca’s treatment.</p><p><b>Splunk&nbsp;(SPLK)</b> – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.</p><p><b>Tilray&nbsp;(TLRY)</b> – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","BB":"黑莓",".SPX":"S&P 500 Index","BBBY":"3B家居","EXPR":"Express, Inc.","AMC":"AMC院线","GME":"游戏驿站","TLRY":"Tilray Inc.",".DJI":"道琼斯","KOSS":"高斯电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140207862","content_text":"Nasdaq futures lead stock dropMeme stocks fluctuated greatlyU.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.*Source From Tiger Trade, EST 08:12A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.Stocks making the biggest moves in the premarket:AMC Entertainment (AMC) – AMC filed to sell up to 11.55 million common shares “from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC had initially surged in the premarket after nearly doubling Wednesday, but fell 9.7% after the filing.BlackBerry (BB),Koss (KOSS),GameStop (GME),Bed Bath & Beyond (BBBY) – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath & Beyond dropped 12.9% after soaring 62% Wednesday.Express (EXPR) – The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.Meredith Corp. (MDP) – Meredith accepted a revised bid from Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.Ciena (CIEN) – The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.J.M. Smucker (SJM) – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.PVH (PVH) – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.Exxon Mobil (XOM) – Exxon said in an SEC filing that hedge fund Engine No. 1 had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.FireEye (FEYE) – FireEye announced the sale of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.Emergent BioSolutions (EBS) – The Food and Drug Administration is working with Johnson & Johnson (JNJ) and AstraZeneca (AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&J’s vaccine with the active ingredient in AstraZeneca’s treatment.Splunk (SPLK) – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.Tilray (TLRY) – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}