[ad_1] Movie theaters across the U.S. and worldwide were dealt a massive blow over the past two years. The domestic box-office numbers plummeted from 2019’s box office of $11.15 billion to $3.8 billion in 2021. That’s mainly due to the Covid-19 pandemic, which kept people in their homes. Film studios …
Read More »Sell beaten-down Vroom as there’s no quick fix for online car retailer in a slowdown, JPMorgan says
[ad_1] It’s time to sell Vroom , which has already plunged 80% this year, as the online used car retailer will continue to face challenges during an economic slowdown, according to JPMorgan Analyst Rajat Gupta downgraded the stock to underweight from neutral, noting that: “We continue to see a challenging …
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