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World Wrestling Entertainment, Bed Bath & Beyond, Tesla, Costco

CFO News Room

World Wrestling Entertainment — Shares advanced 9.7% Bed Bath & Beyond — The retailer dropped 12.4%, building on the sharp losses seen Thursday, after management said the company is low on cash and considering bankruptcy. Shares dropped 14% premarket, after posting a 42% loss Thursday.

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A Business Upended: Streaming disrupts the Entertainment Business!

Musings on Markets

The recent troubles in entertainment, though, reflect a longer term disruption that has occurred in the business, with the rise of streaming as an alternative to the traditional platforms for movies and television shows. With Apple TV+ and Amazon Prime, the game is even more difficult to gauge.

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Disney, Meta Platforms, Lucid Motors, Roblox and more

CFO News Room

Disney — Shares of the media giant slid more than 11% after the company’s quarterly results missed Wall Street expectations on revenue and profit, as both its parks and media divisions underperformed estimates. AMC Entertainment — Shares dropped 9.8% Check out the companies making headlines in midday trading.

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World Wrestling, Bed Bath, Costco

CFO News Room

World Wrestling Entertainment — The wrestling entertainment stock surged nearly 17% after WWE announced that founder Vince McMahon is returning to its board of directors and that the company is exploring strategic moves. Silvergate Capital — Shares of the crypto-focused bank fell 2.6%, adding to its 42% loss from the previous day.

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Walgreens, Coinbase, Duolingo, Ralph Lauren

CFO News Room

Duolingo – Shares of the foreign language learning platform lost 10% after the company reported revenue below expectations while also posting a smaller-than-expected quarterly loss. Imax — Shares of the entertainment company traded up 5% after Wedbush named Imax one of its best ideas. Duolingo also bumped its full-year outlook.

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The “raison d’être” of treasury finds a wonderful example with the current health crisis.

Simply Treasury

The companies more exposed, such as air transport, travel, hotels and restaurants, bars, entertainment, cinemas, theatres, trade fairs, etc. A business can be profitable, generate returns and fall due to lack of liquidities. Bankruptcy occurs when the company defaults, not when it records losses.

Treasury 130
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The “raison d’être” of treasury finds a wonderful example with the current health crisis.

Simply Treasury

The companies more exposed, such as air transport, travel, hotels and restaurants, bars, entertainment, cinemas, theatres, trade fairs, etc. A business can be profitable, generate returns and fall due to lack of liquidities. Bankruptcy occurs when the company defaults, not when it records losses.

Treasury 130