AMC Entertainment — Shares dropped 9.8% after the company reported another quarterly loss as operational costs increased. However, the company lost less per share than expected and beat the Wall Street forecast for revenue. Tuesday’s report comes after years of struggling for the movie theater chain as the pandemic prompted a rise of releases going directly to streaming services.
Lucid Group — Shares of the RV maker lost almost 18% after the company reported a third-quarter loss and said plans to raise $1.5 billion through stock sales to fund the electric vehicle maker’s operations.
SeaWorld Entertainment — The stock fell 8% after the company reported weaker-than-expected earnings or $1.99 per share on revenue or $565 million. Analysts were expecting $2.13 per share on revenue of $606 million.
HanesBrands — The apparel maker’s shares were lower by 7% after Hanes missed analysts’ revenue expectations for the third quarter, according to StreetAccount. The company posted $1.67 billion in revenue, compared to forecasts for $1.71 billion.
