HomeLifestyleEntertainmentInside Out: AMC Entertainment (AMC) and Walt Disney (DIS)

Inside Out: AMC Entertainment (AMC) and Walt Disney (DIS)

AMC Entertainment (AMC) reported 1Q22 earnings May 9 post-market with -$0.52 vs. -$0.65 EPS and revenue of $787.70M vs. $724.47M expected. AMC is down 50% for the year. James Demmert explains why they use a stop loss strategy when trading AMC and says they are staying away from AMC. Walt Disney (DIS) reports earnings May 11 after market close. James thinks the streaming business has cracks in it as people go out and do other things. Tom White explains his bullish call spread on DIS and a bearish put spread on AMC. Tune in for the full discussion.

Morning Trade Live

10 May 2022

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