AMC, BILI among major communication services gainers; IHRT, CCG among losers

On May 13, 2024 at 3:00 PM ET, the stock market saw some notable movements in various companies. The top gainers for the day were AMC Entertainment Holdings (AMC) with a 77% increase, Groupon (GRPN) with a 14% increase, Bilibili (BILI) with a 13% increase, AMC Networks (AMCX) with a 12% increase, and uCloudlink Group (UCL) also with a 12% increase. On the other hand, the biggest losers were Pop Culture Group Co (CPOP) with a 12% decrease, Cheche Group (CCG) with an 11% decrease, iHeartMedia (IHRT) with an 8% decrease, Fluent (FLNT) with a 7% decrease, and Boston Omaha (BOC) with a 7% decrease. In addition, the S&P 500 Communication Services sector was down 0.5% at $290.88, while Telecommunication Services and Media & Entertainment were down 0.2% and 0.6% respectively.

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