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

0.58

Mkt cap

8.2M

Volume

23K

High

0.63

P/E Ratio

-1.48

52-wk high

3.35

Low

0.56

Div yield

N/A

52-wk low

0.55

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

SRM Entertainment, Inc. (NASDAQ:SRM) is in negotiations with Suretone Entertainment's Suretone Pictures to form an alliance. This partnership aims to leverage Suretone's film productions and SRM's distribution capabilities. The initial transaction closed on September 3, 2024, with SRM acquiring certain film assets from Suretone. The companies plan to merge Suretone's assets into SRM by mid-2025, pending regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:49 pm

SRM Entertainment is set to acquire assets related to the movie 'The Kid' from Suretone Entertainment for $3 million.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:47 pm

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