Marcus (MCS) Stock Surges 5.02% with Strong Trading Volume

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Oct 02, 2024

Marcus (MCS, Financial) experienced a notable stock price increase of 5.02%, currently trading at $15.91 per share. The trading volume reached 249,467 shares, with a turnover rate of 0.78% and a volatility of 4.75%.

Recent financial reports for Marcus indicate a revenue of $176 million, a net income loss of $20.22 million, and an earnings per share (EPS) of -$0.63. The price-to-earnings (P/E) ratio stands at -22.64. Presently, no institutions have issued buy, hold, or sell ratings for Marcus.

In the entertainment industry, where Marcus operates, the overall sector growth was 0.50%. Significant gainers in the sector include Color Star Technology, Alliance Entertainment Holding Corp, and Sphere Entertainment. Active stocks in the sector include iQIYI, Color Star Technology, and Sphere Entertainment, with turnover rates of 4.33%, 2.92%, and 2.45% respectively. Stocks with high volatility such as Color Star Technology, Alliance Entertainment Holding Corp, and LiveOne showed amplitude rates of 19.63%, 14.51%, and 12.73% respectively.

Marcus operates in two segments: Theatres and Hotels & Resorts. The Theatres segment operates multiplex cinemas across several states including Wisconsin, Illinois, and Ohio. It also manages a family entertainment center in Wisconsin and a retail center in Missouri. The Hotels & Resorts segment owns and operates full-service hotels and resorts in Wisconsin, Illinois, and Nebraska, and manages additional properties in several other states. The Theatres segment generates the majority of Marcus' revenue.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.