The stocks more than doubled and were set to extend gains from the previous session after Mr. Gill shared a meme and more than 10 clips from movies, includingEven though the posts did not mention company names, shares of video game retailer GameStop and AMC, the world’s largest theater chain, were the most-traded stocks by retail investors on Monday, J.P.Morgan data showed.
The Toronto-based mining company says its profit amounted to 5 US cents per share for the quarter ended March 31, up from 2 US cents per share in the same quarter last year. Keyera also set its 2024 marketing guidance at $430-million to $470-million, well above its base business run rate guidance range of $310-million to $350-million.
The result compared with a profit of $282-million or 47 cents per diluted share in the first quarter of 2023.Revenue, net of purchased power, amounted to $1.07-billion, up from $1.06-billion a year earlier.On a per-share basis, the Toronto-based company said it had a loss of 22 US cents. Losses, adjusted for non-recurring costs, came to 12 US cents per share.
“Home improvement is still a coiled spring,” Truist analyst Scot Ciccarelli said, adding that if the Federal Reserve cuts interest rates there could be a significant re-acceleration in home improvement or maintenance activity as people focus on improving their existing homes.
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