Angel Studios is trading at $4.18 (6.3% down) as traders take profits following a sharp post-earnings rally.
- The stock surged nearly 6% on August 4 after beating Q2 revenue and EPS estimates and reporting 99% growth in Guild memberships.
- Despite strong subscription momentum, management reaffirmed guidance for a full-year 2026 adjusted EBITDA loss of $25 million or less, keeping the company in loss-making territory.