These stocks are falling, Pfizer and BioNTech says European Medicines Agency to review data from COVID-19 vaccine trial on rolling basis, 3 ways to de-risk your portfolio in volatile times.
-11.18%, CNK, Copyright © 2020 MarketWatch, Inc. All rights reserved. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Cinemark Holdings Inc. Its capex guidance of $275 million to $300 million, could easily be cut to maintenance levels, which Miller estimates at $130 million to $150 million. The business model of the movie theater industry is “uniquely vulnerable” in the present crisis, according to NATO Chief Executive John Fithian. Intraday Data provided by FACTSET and subject to terms of use. Cinema stocks are moving higher after Georgia governor Brian Kemp announces his state will start reopening businesses on Friday, with movie theaters expected to … 894646. ET Registered office: 1 London Bridge Street, SE1 9GF. Yet International Consolidated Airlines Group, which owns British Airways, is up more than 6 per cent since mid-August, while Easyjet is up about 6.8 per cent. The S&P 500
Cinemas across the country have been forced to close their doors to prevent people from gathering in large numbers, which health professionals say is crucial in containing the virus, which has now infected more than 9,400 Americans and killed at least 150. The closing of its theaters came just 2½ weeks after AMC held a “very successful” fourth-quarter earnings call, according to Miller. AMC shares were last up 8%. Movie-theater stocks are mostly outpacing broader market gains following news that luxury chain iPic has set dates to reopen a number of locations. -17.44% IMAX Corp.
Cinema stocks tumbled in premarket trade Thursday before recouping their losses, after Bloomberg reported that e-commerce giant Amazon.com Inc. AMZN, +2.55% is … Please, The subscription details associated with this account need to be updated. Now read: AMC Entertainment: The Possible Outcomes And Probabilities », AMC Entertainment: The Possible Outcomes And Probabilities », Regal Cinemas closing all U.S. theaters because it really needs the blockbusters, CEO says, Stocks making the biggest moves midday: Regeneron, CrowdStrike, AMC Entertainment and more, AMC CEO Adam Aron on reopening theaters in the U.S. during the pandemic, Stocks making the biggest moves after hours: AMC Entertainment, At Home, Shoe Carnival & more, AMC will reopen 70% of US theaters by Friday, including first in California.
U.S. stock futures weaken ahead of Powell speech. CMCSA, +1.79%
There’s only one thing standing between Tesla and world domination—the global supply of lithium. The theater operators are seeking loan guarantees for exhibitors, tax benefits for employees and funds to offset lost ticket sales and concessions. Privacy Notice and : Get the latest Cineworld Group stock price and detailed information including news, historical charts and realtime prices.
-8.54% “The only fixed cost in the model is rent, and our assumption is that CEO Adam Aron and his staff will likely be talking to their various lessors about some sort of temporary relief, which we are not factoring in to our models at this time,” said the analyst. and Universal’s Cinema stocks today: AMC +8.4%; Cinemark (NYSE:CNK) +12.3%; IMAX +4.1%; Marcus (NYSE:MCS) +8.7%; Reading International +3.5%; National CineMedia (NASDAQ:NCMI) +0.9%. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “Investors are clearly on a bargain hunt amid the volatility we have seen on the stock markets.”, The travel industry has been one of the worst affected by lockdown. CINE,
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