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Cinemark Holdings, Inc. (CNK)

NYSE - NYSE Delayed price. Currency in USD
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21.60+0.04 (+0.19%)
At close: 04:00PM EDT
21.06 -0.54 (-2.50%)
After hours: 05:29PM EDT
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  • Yahoo Finance Video

    One analyst's reasons to be bullish on box office stocks

    Box office stocks are showing signs of recovery despite not having a ton of new content. Chad Beynon, Macquarie senior analyst of gaming, lodging, and leisure, joins Asking for a Trend to discuss his outlook on box office stocks. Beynon notes the April/May period was "the end of a lack of product," attributing this to the 2023 Hollywood strikes. While films like "Despicable Me 4" and "Inside Out 2" have successfully drawn audiences back to theaters, the lingering effects of the prolonged strikes in Hollywood are expected to impact EBITDA and revenues in the second quarter. However, Beynon remains optimistic about these stocks, describing them as "a back-half weighted story." He points to the Thanksgiving/Christmas season in the fourth quarter as a potential turning point. With highly anticipated releases such as "Moana 2," "Gladiator II," "Wicked," and "Mufasa: The Lion King," Beynon foresees "a lot broader content" that could drive a strong year-end performance for these stocks. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith

  • Business Wire

    Cinemark USA, Inc. Announces Pricing of $500 Million Senior Notes

    PLANO, Texas, July 09, 2024--Cinemark Holdings, Inc. (NYSE:CNK) ("Cinemark" or the "Company") announced today that its wholly-owned subsidiary, Cinemark USA, Inc. ("Cinemark USA"), priced a private offering (the "Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), to eligible purchasers of $500 million aggregate principal amount of its 7.0% Senior Notes due 2032 (the "Notes") at the initial offering price of 100.000% of t

  • GlobeNewswire

    Sight & Sound Partners to Premiere Their First Ever LIVE Broadcast into Movie Theaters Nationwide, Courtesy of Fathom Events

    For One Weekend Only, Witness the Brand-New Original Production, DANIEL, As It Comes to Life – LIVE On the Big Screen Beginning Friday, August 30th. This is going to be monumental! For the first time ever, we're broadcasting live into movie theaters nationwide. LANCASTER, Pa., July 09, 2024 (GLOBE NEWSWIRE) -- Following a decade of taking their spectacular theater experience from the stage to the screen, Sight & Sound is partnering with Fathom Events to do something Sight & Sound has never done