Cinema stocks slammed amid coronavirus; some chains stay open, shrink audiences [MarketWatch]
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: MarketWatch
Cinema stocks slammed amid coronavirus; some chains stay open, shrink audiences Shares of cinema operators were sharply lower Monday, as federal agencies and local governments announced restrictions on the number of people allowed to gather in one place as they work to contain the coronavirus that causes COVID-19. The major chains have not yet opted to close all cinemas across the country, but rather are complying with the latest guidance from the Centers for Disease Control and Prevention. The CDC has recommended that all businesses limit any group of people to no more than 50 and that they respect “social distance” rules. AMC AMC, -18.01% , the biggest cinema chain in the U.S., said earlier it is reducing ticket availability to 50% of normal capacity if that gets the company to a smaller capacity number than 50. “AMC also is complying with all governmental mandates to close certain theaters, restaurants or bars as may be applicable,” the company said in a release. Regal Cinemas i
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Sec Filings
- 11/21/24 - Form 144
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