Entertainment

Shopify Tops Q1; Shares Fall on Continued Struggle to Profit

Shopify Tops Q1; Shares Fall on Continued Struggle to Profit

Shopify Inc. (NYSE: SHOP) reported its first quarter financial results and topped analysts’ estimates in both earnings and revenue, but shares slipped after continued net loss. Shopify shares were down 4.5 percent during Tuesday’s pre-ma..

Shares of Netflix Spiked After Strong Earnings Report

Shares of Netflix Spiked After Strong Earnings Report

Netflix, Inc. (NASDAQ: NFLX) shares spiked Thursday after market. The popular video streaming company provided their first quarter financial results for the fiscal year of 2018.  Netflix reported revenue growth of 43% year over year in Q1,..

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia

Saudi Arabia’s Ministry of Culture and Information announced on Wednesday that it granted the first cinema operating license to AMC Entertainment Holdings Inc (NYSE: AMC). In a decision in December, the Ministry of Culture and Information anno..

Dolphin Entertainment Stock Spiked After Strong Earnings Report

Dolphin Entertainment Stock Spiked After Strong Earnings Report

Dolphin Entertainment (NASDAQ: DLPN) shares spiked about 30% Thursday after the company reported financial results for the full year ended December 31, 2017. Dolphin Entertainment is an independent producer of feature films and digital content, and ..

Spotify Tumbles After IPO After Analyst Ratings

Spotify Tumbles After IPO After Analyst Ratings

Spotify Technology SA (NYSE: SPOT) made its debut on the New York Stock Exchange on Tuesday, who went public through direct-listing. The stock listed on the exchange at $165.90, before falling to Tuesday’s closing price of $149.60. Shares cont..

Spotify’s Unusual IPO Caused Worries of Big Banks

Spotify’s Unusual IPO Caused Worries of Big Banks

Shares of Spotify Technology S.A. (NYSE: SPOT) are expected to start trading on New York Stock Exchange today. Instead of raising money by selling new shares, Spotify only sells existing shares through a direct listing, given the company’s val..

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Technologies SA (NYSE: SPOT) forecast a strong fiscal year growth as its initial public offering launching approaches. The music streaming service will go public next week April 3 and will list itself on the New York Stock Exchange under the..