Cinemark joins rivals in closing movie theaters [Seeking Alpha]
Cinemark Holdings Inc Cinemark Holdings, Inc. (CNK)
Last cinemark holdings inc cinemark holdings, inc. earnings: 2/21 06:15 am
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Source: Seeking Alpha
On the Move Cinemark joins rivals in closing movie theaters Mar. 17, 2020 4:59 PM ET | Cinemark Holdings, Inc. (CNK) Jason Aycock Cinemark (NYSE: temporarily closing “The decision to close our U.S. theaters was incredibly tough, but we know it is the right thing to do as global coronavirus concerns continue to escalate," says CEO Mark Zoradi. It's extending expiration of Cinemark Movie Rewards points to June 30 and pausing all memberships to its Movie Club subscription service. Cinemark, with the third-most screens in the U.S., was the last holdout among top theater chains to do a full closure: Regal AMC said today it would close In today's price action among industry tickers: -4.6% MCS -18.1% -31.3% IMAX -21.8% NCMI -12.9% OTC:CNWGY fell 43% See all stocks on the move » Now read: McEwen Mining EPS misses by $0.05, misses on revenue »
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