Why Cinemark Blasted Almost 9% Higher Today
This past weekend was a good one for cinema operators, but not for the reasons one might expect. As a result, Cinemark Holdings (NYSE: CNK) was a popular stock Monday, rising to end the day 8.6% higher. The weekend's box-office champion for the second time in a row was the latest effort from Walt Disney's (NYSE: DIS) Marvel Studios, Shang-Chi.