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Forget about who's president, the big news for theater operators was vaccine-related. But is the news really that good?
Media and entertainment share were swept higher in a massive rally Monday morning hours after early data from drug giant Pfizer showed its vaccine is 90% effective in preventing COVID-19 infection. Th
AMC, Cinemark, Marcus Theaters and IMAX stocks rallied Monday after trial data indicated Pfizer and BioNTech's Covid-19 vaccine is 90% effective.
Despite no clear cut winner in the U.S. election yet, Joe Biden appears to be on the cusp of winning the nomination. Although markets somewhat cooled off today, they are still on pace for their bigges
In a blow to movie theaters and an already-thin release calendar for 2020, Walt Disney Inc (NYSE: DIS) has postponed Ryan Reynolds action-comedy "Free Guy" and "Death on the Nile," the sequel to Ken
Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q3 2020 Results - Earnings Call Transcript
Cinemark's stock rallied Thursday, after the movie theater chain reported third-quarter revenue that plunged 96%, but provided upbeat commentary regarding it's place in a post-COVID world.
Cinemark posted a 96-percent decline in revenue in third quarter, swinging to a massive loss as its movie theaters continued to get pummeled by the pandemic. The nation's third-largest movie-theater c
COVID-19 has taken a wrecking ball to movie theater finances.
Cinemark CEO Mark Zoradi said the major exhibitor has started taking a “dynamic” approach to theatrical windows, negotiating release terms on a film-by-film basis in a concession to COVID-19. Upco
Shares of Cinemark Holdings Inc. fell 2.5% in premarket trading Thursday, after the movie theater operator reported a narrower-than-expected third-quarter loss but revenue that fell about 96% to miss
Cinemark (CNK) delivered earnings and revenue surprises of 13.79% and -40.90%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Major movie chain Cinemark reported a COVID-battered quarter with revenue of $35 million versus $821 million the year earlier. It swung to a loss of $148 million from a $33-millio profit. As of Septem
There's still a glimmer of hope for the movie theater industry this year, despite dismal domestic box office sales and climbing coronavirus cases, analysts said. The country's two biggest markets, New
Consider these five consumer stocks to buy as outside activities like date nights come back in vogue. The post 5 Consumer Stocks Ready to Rebound When Date Nights Return appeared first on InvestorPlac
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