Market Updates
Movers: AMC Entertainment, Domino's Pizza, Ryanair
Scott Peters
24 Jul, 2023
New York City
The S&P 500 index traded higher 0.2% to 4,574.26 and the Nasdaq Composite futures edged up 0.1% to 14,098.52.
The yield on 2-year Treasury notes decreased to 4.83%, 10-year Treasury notes inched lower to 3.80% and 30-year Treasury bonds edged down to 3.89%.
Domino's Pizza Inc increased 1.8% to $391.20 after the company reported revenue of $1.0 billion and $3.08 a share.
AMC Entertainment Holding Inc soared 35.7% to $5.95 after a judge disallowed the company's plan to convert its preferred share to common share.
Preferred units declined 2.2% to $1.90.
The company said it has proposed a revised conversion plan.
Ryanair Holdings plc declined 4% to $102.30 after the deep discount airline reported a surge in traffic, revenue and earnings.
Revenue in the fiscal year 2024 first quarter ending in June increased 40% to Є3.65 billion after passenger count rose 11% to 50.4 million and load factor rose to 95% from 92% from a year ago.
Profit after-tax soared 290% to Є663 million from Є170 million and earnings per share rose to 58.22 cents from 16.53 cents a year ago.
Annual Returns
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Earnings
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