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Party City ends nearly 40 years of fun: report [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Every party ends the same way: unassumingly, a little later (or earlier) than you thought it would and yet simultaneously all of a sudden. For Party City, it was no different. The largest party supply company is closing all of its stores after almost 40 years of being in business, CNN reported, with operations shutting down immediately and all locations closing in February. In a video conference call on Friday, Party City CEO Barry Litwin told corporate employees that today would be their last day of employment, apologizing for a lack of communication. A Party City employee who wished to remain anonymous told CNN that management had previously expressed optimism about the company's business. Party City, which declared bankruptcy in January of 2023, announced Litwin as its new CEO four months ago. The company exited bankruptcy a month later, though still with more than $800 million in debt to repay. The company's previous debt of $1.7 billion was likely why it closed more than [Read more]
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Stockreport

Party City ends nearly 40 years of fun: report [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Every party ends the same way: unassumingly, a little later (or earlier) than you thought it would and yet simultaneously all of a sudden. For Party City, it was no different. The largest party supply company is closing all of its stores after almost 40 years of being in business, CNN reported, with operations shutting down immediately and all locations closing in February. In a video conference call on Friday, Party City CEO Barry Litwin told corporate employees that today would be their last day of employment, apologizing for a lack of communication. A Party City employee who wished to remain anonymous told CNN that management had previously expressed optimism about the company's business. Party City, which declared bankruptcy in January of 2023, announced Litwin as its new CEO four months ago. The company exited bankruptcy a month later, though still with more than $800 million in debt to repay. The company's previous debt of $1.7 billion was likely why it closed more than [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS