Redbox Entertainment Inc. (RDBX) News
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RDBX News Highlights
- RDBX's 30 day story count now stands at 15.
- Over the past 17 days, the trend for RDBX's stories per day has been choppy and unclear. It has oscillated between 1 and 6.
- The most mentioned tickers in articles about RDBX are CSSE, AC and CONN.
Latest RDBX News From Around the Web
Below are the latest news stories about REDBOX ENTERTAINMENT INC that investors may wish to consider to help them evaluate RDBX as an investment opportunity.
Chicken Soup for the Soul Entertainment (CSSE) Stock Pops as Redbox Deal ClosesAs Redbox gets meme-stock treatment, CSSE stock could be next in line for a massive squeeze in the wake of a merger vote. |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on ThursdayGood morning! |
Chicken Soup Completes Redbox Acquisition, Ending a Weird Meme-Stock TaleChicken Soup For The Soul, which operates ad-supported stream video sites, now owns the Redbox chain of DVD rental kiosks. |
Chicken Soup for the Soul's deal to buy Redbox closes"The Redbox brand is a fixture in American entertainment and now joins our powerful portfolio of streaming brands, including Crackle, Popcornflix and Chicken Soup for the Soul,” the buyer's CEO said. |
Chicken Soup for the Soul is buying Redbox, Ford CEO auctions a one-on-one lunchYahoo Finance's Brad Smith and Brian Sozzi break down two other business stories today regarding Chicken Soup for the Soul Entertainment and Ford. |
Chicken Soup for the Soul says deal for Redbox is officially completedChicken Soup for the Soul Entertainment Inc. announced Thursday that its all-stock deal for Redbox Entertainment Inc. has officially been completed. Through the deal, Redbox shareholders would receive 0.087 shares of Chicken Soup for each Redbox share they owned. Chicken Soup's stock closed Wednesday at $14.75, implying a $1.28 value for each Redbox share. Redbox's stock closed Wednesday at $1.65. Chicken Soup's stock was ahead 5.8% in premarket trading Thursday, paring back earlier premarket ga |
Chicken Soup for the Soul Entertainment Completes Acquisition of Redbox Entertainment Inc.COS COB, Conn. & OAKBROOK TERRACE, Ill., August 11, 2022--CHICKEN SOUP FOR THE SOUL ENTERTAINMENT COMPLETES ACQUISITION OF REDBOX ENTERTAINMENT INC. |
Chicken Soup for the Soul Entertainment surges again as it closes deal to buy RedboxChicken Soup for the Soul Entertainment shares jumped 29% in preopen trade, after rallying by 30% on Wednesday, as it closes its deal to buy DVD retailer Redbox Entertainment . The deal calls for each Redbox share to be converted to 0.087 Chicken Soup shares. According to Nasdaq, if the merger closes as anticipated, Redbox will remain halted on Thursday and be suspended effective Aug. 12, 2022. |
Why is Redbox crashing and Chicken Soup surging? The merger is hereThe wonky merger math around trading in Redbox Entertainment (NASDAQ:RDBX) and its acquirer Chicken Soup for the Soul Entertainment (NASDAQ:CSSE) is straightening out, with the deal set to be consummated tonight. With a definitive acquisition deal implying it should have been trading around $1 per share, Redbox (Seeking Alpha | August 10, 2022 |
Redbox Entertainment (RDBX) Receives a Sell from B.Riley FinancialIn a report released today, Eric Wold from B.Riley Financial reiterated a Sell rating on Redbox Entertainment (RDBX - Research Report), with a price target of $1.00. The company's shares closed yesterday at $3.50.Wold covers the Services sector, focusing on stocks such as Cedar Fair, Six Flags, and SeaWorld. According to TipRanks, Wold has an average return of 2.4% and a 44.01% success rate on recommended stocks. Currently, the analyst consensus on Redbox Entertainment is a Moderate Sell with an average price target of $0.83.See today’s best-performing stocks on TipRanks >>The company has a one-year high of $27.22 and a one-year low of $1.61. |