Big M Entertainment Corp
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Consumer Discretionary : Diversified Consumer Services |
Company profile

Big M Entertainment Corp, formerly HQ Global Education Inc., is a media company, which provides film and television production services. The Company’s products and services include film and television, producing, financing and optioning. It offers services and assistance to writers, producers, directors, editors and technicians to provide complete services and assistance at every phase of film and TV content creation, including concept development, writing, editing, cinematography, visual effects and post-production. It works on films of various budgets and sizes. It is also focused on online content and micro-budget film creation. Its projects are being created specifically for concurrent or integrated release both in theaters and for home viewing or on personal devices.

Closing Price
$0.0009
Day's Change
-0.0002 (-15.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.001
Day's Low
0.0008
Volume
(Heavy Day)
Volume:
17,623,564

10-day average volume:
10,538,643
17,623,564

Markets Mixed, Dow Down 3 Straight Days; RIDE Reports Q3

6:10 pm ET November 11, 2021 (Zacks) Print

The Dow closed lower Thursday for the third straight session, after ending regular trading Monday of this week at new all-time closing highs. The blue-chip index sank to session lows at the close, -0.44%, and back below 36K once again, partly on disappointing earnings performance from The Walt Disney Co. DIS yesterday afternoon.

Disney also weighed on the S&P 500 today, which finished in the green today but only by a smidge. The Nasdaq, on momentum strength from NVIDIA NVDA closed up +0.52%, and the small-cap Russell 2000 won thec day, +0.82%.

Singles Day in China was today, November 11th, as the date “11/11” represents a series of single individuals, and it became a retail sales bonanza for that day each year. Alibaba BABA popularized the event back in 2009, and it has since grown exponentially into a mainstay of Chinese culture, similar to “Black Friday” in the U.S. This year, Alibaba shares grew +2.4% on $84.5 billion in revenues, +8.5% from a year ago. Competitor JD.com JD gained +8.3% on the day on $54.6 billion in revenues today, +28.6% year over year. Yet analysts note the pace of spending overall has slowed relative to previous years.

After yesterday’s tremendous IPO from upstart EV automaker Rivian RIVN, we see a new Q3 report this afternoon from competing EV company Lordstown Motors RIDE. It’s the first bottom-line positive surprise in the three quarters reported since its own IPO — -54 cents per share versus -56 cents in the Zacks consensus estimate — but shares are down -6.5% in late trading. That said, shares of the stock had run-up +24% ahead of the Q3 release, partially on the strength of Rivian’s IPO. Production/delivery of Lordstown’s EV pickup truck has now been pushed back to Q3 2022.

Our quiet week of new economic data concludes tomorrow, where we will get a new Job Openings report for September and a University of Michigan Consumer Sentiment Index for November, both expected 90 minutes or so after the opening bell. Next week ushers in Retail Sales, Industrial Production, Housing Starts and Empire State/Philly Fed indexes.

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NVIDIA Corporation (NVDA): Free Stock Analysis Report
 
The Walt Disney Company (DIS): Free Stock Analysis Report
 
JD.com, Inc. (JD): Free Stock Analysis Report
 
Alibaba Group Holding Limited (BABA): Free Stock Analysis Report
 
Lordstown Motors Corp. (RIDE): Free Stock Analysis Report
 
Rivian Automotive Inc. (RIVN): Free Stock Analysis Report
 
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