Movie Theater Stocks Have Two Problems

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.7 • 1.7K Ratings

🗓️ 5 October 2020

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Venmo introduces a new credit card. Movie theater stocks get pummeled as the 2^nd-largest chain in the world closes all of its theaters in the U.S. and UK. Jason Moser analyzes those stories and talks portfolio allocation strategy as we dip into the Fool Mailbag.

Transcript

Click on a timestamp to play from that location

0:00.0	It's Monday, October 5th.
0:04.0	Welcome to Market Fullry.
0:05.0	I'm Chris Hill with me today.
0:07.0	It's a Moser Monday.
0:09.0	Jason Moser, good to see you.
0:10.0	Hey, good to see you.
0:11.0	Man, I normally it's Merger Monday, but Moser Monday, man, I can see you man. Normally it's Merger Monday but Moser Monday man I can get behind that.
0:15.3	That's new branding. I'm testing it out to see how it goes. We have got some entertainment
0:20.0	business news. We are going to talk portfolio allocation strategies, but we're going to start with the
0:25.2	war on cash. Earlier today, Venmo, which is the mobile payment service that is owned by
0:30.0	PayPal, unveiled its first ever credit card.
0:35.4	Jason, you know I'm a PayPal shareholder.
0:37.8	You know I'm a fan of Venmo.
0:39.8	And yet when I saw this story,
0:42.0	the one-word question that popped into my head was,
0:45.0	why?
0:46.0	Like why are they doing this?
0:48.0	You mean why?
0:49.0	Isn't that why I'm using Venmo?
0:51.0	I was going to say, you mean why from the physical card perspective or why would you have a credit card from
0:56.0	Venmo? I guess kind of both. I guess all kidding aside what is the thinking here on Venmo's part?
1:03.6	I mean, it's a fair question, I guess.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.