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Earnings news continued to drive individual stocks in Wednesday's midday trading. Fiverr (NYSE:FVRR) plunged on weak guidance included in its latest quarterly update. Meanwhile, Roblox (RBLX) got a lift on the hope that its potential will pick up later in the year. In other news, a takeover d...
Gainers: United Insurance (UIHC) +14%, PropertyGuru (PGRU) +11%, AFC Gamma (AFCG) +9%, Ambac Financial (AMBC) +9%, Duke Realty (DRE) +9%. Losers: Redbox Entertainment (RDBX) -28%, Atlanticus (ATLC) -20%, BRP (BRP) -19%, LM Funding America...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Redbox (NASDAQ: RDBX ) are down over 25% after Chicken Soup for the Soul Entertainment (NASDAQ: CSSE ) announced it had entered into a definitive agreement to acquire it. RDBX stock was down as much ...
Shares of Redbox Entertainment (NASDAQ: RDBX) are tumbling 4.6% at 10:36 a.m. ET on Wednesday after it was announced the video rental kiosk owner would be acquired by Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) in an all-stock deal that will see Redbox shareholder...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Veru (NASDAQ: VERU ) stock is rising higher on Wednesday following a recent ruling from the U.S. Food and Drug Administration (FDA) on its Covid-19 treatment. Source: Shutterstock According to a Veru press re...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Redbox (NASDAQ: RDBX ) stock is falling on Wednesday following news that it’s being acquired by Chicken Soup for the Soul Entertainment (NASDAQ: CSSE ). Source: Jonathan Weiss / Shutterstock.com C...
Last month was a brutal one for the markets, with the S&P 500 falling 9%. It was the worst April for the index in 52 years. Inflation, rising interest rates, and a war in Ukraine are just a few of the largest problems facing global economies right now. That makes the recent perf...
Combination creates leading independent, integrated direct-to-consumer media platform delivering premium entertainment for value conscious consumers Forms streaming industry’s premier independent AVOD platforms Management to host conference call and live webcast...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Short squeeze stocks are once again in focus today after the fifth straight week of market declines. As recession rumors swirl, let’s take a look at the short squeeze candidates receiving extra attention from investo...
My " three stocks to avoid " column sometimes catches a break with one bad stock sinking the gains elsewhere. The three names I figured were going to move lower for the week -- iRobot , Rent-A-Center , and Tupperware Brands -- finished up 3%, up 10%, and down 44%, respective...
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Redbox Entertainment Inc. Company Name:
RDBX Stock Symbol:
NASDAQ Market:
Acquisition creates an entertainment company for value-conscious consumers across AVOD, FAST, and TVOD with over 40 million customer loyalty members Revenue is expected to more than triple over the next year; increased scale and over $40 million in operating synergies support ...