Streetbeat News

SRM

SRM Entertainment, Inc.

https://www.srmentertainment.com

Industry

Leisure

SRM Entertainment, Inc. designs, manufactures, and sells toys and souvenirs to theme parks. It sells its products through amusement parks, entertainment venues, and theme hotels in the United States, China, Japan, and internationally. The company was incorporated in 2022 and is based in Jupiter, Florida.

Open

0.74

Mkt cap

9.9M

Volume

529K

High

0.74

P/E Ratio

-1.77

52-wk high

3.05

Low

0.68

Div yield

N/A

52-wk low

0.55

SRM Entertainment, Inc. (Nasdaq: SRM) has reported a significant increase in its online sales on Amazon, with a surge of over 417% since September. This growth is attributed to strong customer demand for its high-margin products, which is expected to positively impact the company's financial performance.

Portfolio Pulse from

December 04, 2024 | 12:45 pm

SRM Entertainment has secured a significant order for its misting fans from a major Orlando theme park, totaling $905,000. This order strengthens SRM's presence in the theme park merchandise market.

Portfolio Pulse from

November 25, 2024 | 12:45 pm

SRM Entertainment, Inc. has launched a new media division, SRM Media, expanding its partnership with Suretone Pictures. The division's first acquisition is the film 'The Kid,' which aligns with SRM's strategy to enhance its entertainment content offerings.

Portfolio Pulse from

November 14, 2024 | 1:45 pm

Several consumer discretionary stocks experienced significant price movements in Monday's after-market session. VF Corp (VFC) and Camping World Holdings (CWH) saw notable gains following their earnings reports, while Boot Barn Holdings (BOOT) experienced a significant decline after releasing its Q2 earnings.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 8:31 pm

The consumer discretionary sector is experiencing a decline in share prices, likely due to overall market weakness and rising treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:51 pm

In Wednesday's pre-market session, Stride (LRN) saw a significant 24.1% increase following its Q1 earnings release. Foresight Autonomous (FRSX) and Alta Global Group (MMA) also experienced notable gains. Conversely, Digital Brands Group (DBGI) and Winnebago Industries (WGO) faced declines, with WGO's drop linked to its Q4 earnings release. McDonald's (MCD) shares decreased by 6.59%.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 12:08 pm

In Wednesday's pre-market session, Stride (LRN) saw a significant 24.1% increase following its Q1 earnings report. Other gainers included Foresight Autonomous (FRSX) and Alta Global Group (MMA). Notable losers were Digital Brands Group (DBGI) and Winnebago Industries (WGO), the latter following its Q4 earnings release. McDonald's (MCD) also saw a decline.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 12:07 pm

In Tuesday's pre-market session, several consumer discretionary stocks experienced significant movements. SRM Entertainment saw a 49.5% increase, while Genuine Parts and Polaris faced declines of 9.3% and 7.42%, respectively, following their Q3 earnings releases.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 12:07 pm

In Tuesday's pre-market session, several consumer discretionary stocks experienced significant movements. SRM Entertainment saw a 49.5% increase, while Genuine Parts fell by 9.3% following their Q3 earnings release.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 12:07 pm

iRhythm Technologies shares surged over 20% in pre-market trading following FDA clearance for its Zio AT device. Other notable pre-market movers include Genprex, SRM Entertainment, and TC Biopharm, with significant gains, while companies like IN8bio and DMC Global saw declines.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 11:06 am

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