CSPR - Hot Stocks: AMC SYY DDD rise on earnings news; CSPR PLNT drop
The heart of earnings season may be over, but quarterly results continued to spark notable moves in individual stocks before the bell on Tuesday. AMC Entertainment (NYSE:AMC), Sysco (NYSE:SYY) and 3D Systems (NYSE:DDD) all rallied in the wake of their financial figures. On the other side of the ledger, Casper Sleep (NYSE:CSPR) and Planet Fitness (NYSE:PLNT) both posted declines on their earnings results. Meme stock darling AMC (AMC) reported a loss for its latest quarter that narrowed from last year and was closer to breakeven than analysts had projected. Revenues climbed to $437.6M. On its earnings conference call, AMC CEO Adam Aron said the company was back on "offense," including putting at least two new theaters under its umbrella. The company also said it is working to accept Bitcoin by the end of the year. On the news, AMC jumped nearly 11% in pre-market action. Earnings news also prompted gains
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Hot Stocks: AMC, SYY, DDD rise on earnings news; CSPR, PLNT drop