Entertainment
Exhibitors Stock Plummets Follows Closures – Dark Horizons
Following Cineworld announcing that it was temporarily closing its U.K. locations and the U.S. venues it operates through its Regal Cinemas subsidiary, the news…
Following Cineworld announcing that it was temporarily closing its U.K. locations and the U.S. venues it operates through its Regal Cinemas subsidiary, the news has hit the stock market hard.
Shares of Cineworld plunged more than 40% on Monday, while rival AMC Cinemas saw its share price drop roughly 11% as markets opened. Other exhibitors also suffered from an industry-wide selloff including Cinemark falling nearly 13%, Marcus down roughly 8%, National Cinemedia falling over 9%, and IMAX dropp…
-
Noosa News10 hours agoToombul Shopping Centre site thrown lifeline after Mirvac announces sale with ‘priority’ to build new retail centre
-
General10 hours agoAllegations against ex-Attorney-General Mark Dreyfus removed from Linda Reynolds action against Commonwealth
-
General21 hours agoLiberal politicians on Qantas plane that made urgent turnaround to Adelaide
-
Noosa News22 hours agoTeen to be sentenced over stabbing of grandmother Vyleen White; Victoria follows Queensland with ‘adult time for violent crime’ laws