Text size A Redbox video rental kiosk. Justin Sullivan/Getty Images Chicken Soup for the Soul Entertainment has finished its purchase of Redbox , winding up one of this year’s strangest meme-stock ep...
Tag: Non-store Retailing
Redbox Stock Plunges After Shareholders OK Chicken Soup for the Soul Acquisition
Text size Redbox shares were down 40% in recent trading. Patrick T. Fallon/Bloomberg Redbox shareholders on Tuesday approved the company’s acquisition by Chicken Soup for the Soul Entertainment . The ...
Redbox Is About to Be Acquired. The Stock Remains Crazily Overvalued.
Text size Redbox was hurt by a bet that theater releases of films would surge in a postpandemic world. Dreamstime The end is near for Redbox , and some investors are about to take a substantial hit as...
Redbox stock surge continues, but don’t call it a short squeeze
Shares of Redbox Entertainment Inc. were continuing their massive surge Monday, which analysts saw as reflective of increased investor comfort in the wake of recent financing announcements as well as ...