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Cinemark has reopened approximately 75 percent of its U.S. circuit to overwhelmingly positive customer feedback.
Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following virtual institutional investor conferences:
Shares of Cinemark Holdings (NYSE: CNK) were jumping 10% higher in afternoon trading Wednesday after rival AMC Entertainment Holdings (NYSE: AMC) updated the markets on its reopening plans following yesterday's close. AMC's stock was up 17%. The movie theater industry was devastated by the coronavirus pandemic, which forced operators to close all of their theaters for five months, a condition that nearly bankrupted AMC.