Cinemark Holdings, Inc. operates 521 movie theaters with almost 6,000 screens in the USA and Latin America. The company was founded in 1984 with headquarters in Plano, Texas. Learn the latest information and analysis on the company, CNK stock price today, history, stock news, how much one share costs and other information to help you make investment decisions.
Check Gainy app to see how much the price has changed recently as well as insights on stock prices and more.
Cinemark is one of the businesses that was hit by the pandemic restrictions. However, recently the company’s revenue increased from $9 to $294 mln and losses decreased — from $170 to $142 mln. Quarterly results beat analysts forecasts and current box-office hits will help recover faster.
Despite this, many analysts are bearish on this stock, claiming that the stock will need more than Spider-Man to justify its price. Cinemark has losses and negative cash flow, which may create problems with refinancing future debt.
The Cinemark stock price is moving sideways, trading at around $15-20 lower than pre-pandemic prices.
Check back to this page for the CNK stock quote or download Gainy to always have all the key stock info and stock quotes for all the public stocks right in your pocket.
