Shares of Cinemark Hldgs (NYSE:CNK) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $15.35.
One of the most outspoken voices against AMC Entertainment Holdings (NYSE: AMC) shared more commentary Thursday on the company's share sales and stock price movement.
The big news in the movie theater market continues to be the rise in the valuation of AMC Entertainment Holdings (NYSE: AMC). The company is seeing its share price rise due to increased interest from retail traders — and AMC is also raising money to short up its balance sheet.
Gainers
Kuke Music Holding (NYSE:KUKE) stock rose 3.66% to $6.5 during Thursday's after-market session. This security traded at a volume of 1.0K shares come close, making up 0.63% of its average volume over the last 100 days.
Goldman Sachs Vice President of Global Investment Research Michael Ng downgraded two major film exhibitors, Imax Corp (NYSE: IMAX) and Cinemark Holdings, Inc. (NYSE: CNK), in a newly published analysis.
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
Changes are coming at U.S. movie theaters two weeks after the Centers for Disease Control relaxed mask-wearing rules for those who are fully vaccinated against COVID-19.