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: Redbox
Chicken Soup for the Soul Entertainment surges again as it closes deal to buy Redbox
Chicken Soup for the Soul Entertainment CSSE, +29.96% shares jumped 29% in preopen trade, after rallying by 30% on Wednesday, as it closes its deal to buy DVD retailer Redbox Entertainment RDBX, -52.8...
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...
Should you buy Redbox Entertainment as YTD returns top 100%?
Under the current tighter economies, getting stocks with triple-digit returns is hard. However, Redbox Entertainment Inc. (NASDAQ:RDBX) already claims this spot. The stock has surged by 104.97% year-t...
Redbox is the dumbest meme stock yet — Quartz
Just outside the doors of my local CVS, along an industrial road in Ann Arbor, Michigan, there’s a Redbox. I only ever notice its red glow on dark Michigan nights when I walk into the convenience stor...
Redbox shares drop by 35% after the acquisition announcement
Redbox Entertainment Inc (NASDAQ: RDBX), a world-class entertainment company, executed a definitive merger agreement with Chicken Soup for the Soul Entertainment (NASDAQ: CSSE), one of the biggest ope...
Being Acquired After A Failed Attempt At Moving From Analog To Digital
Redbox kiosk inside a McDonalds. (Photo by George Frey/Getty Images) Getty Images After posting adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation & Amortization) of -$15 million in 20...
Chicken Soup To Acquire DVD Kiosk Merchant Redbox In $375 million Deal For Sagging SPAC
Among buggy whip businesses, Redbox Entertainment (RDBX), the Oakbrook Terrace, Illinois operator of 38,000 DVD rental kiosks found in supermarkets and convenience stores from Safeway and ShopRite, to...
Is Redbox Stock a Buy Following Recent Huge Rally? Analyst Weighs In
Despite a pullback in Tuesday’s session, shares of American video rental company Redbox (RDBX) have put in a massive rally recently, and trading was even halted twice on Monday in what looked like a s...
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 ...