Alliance Entertainment Fell While Sales Rose

If you had watched analysts debate Alliance Entertainment in late 2025 and decided to sit it out, that choice would look very different today. Holding Alliance Entertainment from the start of the year would have meant a 41.9% loss, including dividends. The business has since reported higher quarterly revenue but moved from profit to loss, and pushed deeper into collectibles. What early warning or assumption, visible at the start of 2026, might have helped you weigh that outcome? Narratives...