|Bid||92.90 x 0|
|Ask||92.98 x 0|
|Day's range||90.38 - 93.12|
|52-week range||15.11 - 124.85|
|Beta (5Y monthly)||3.53|
|PE ratio (TTM)||N/A|
|Earnings date||25 Mar 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Apr 2020|
|1y target est||4.36|
The Cineworld share price is falling once again. Here's why I'd follow the short sellers and avoid this UK share at all costs. The post I’d ignore heavily-shorted Cineworld’s share price and buy these penny stocks instead appeared first on The Motley Fool UK.
Legal & General Investment Management said on Thursday it will vote against the re-election of Cineworld chair Alicja Kornasiewicz and the election or re-election of all members of the firm's remuneration committee at its annual general meeting. Cineworld, the world's second-largest cinema operator, suffered a $3 billion loss last year as a result of the coronavirus pandemic. "We have strong concerns about the structure of the long-term incentive plan granted to the executives, and its misalignment with the long-term interests of the company", LGIM said in a statement, pointing to "the impact of COVID-19 on the company’s financials and stakeholders, including furloughs for employees and the suspension of dividends".
Odeon to reopen most cinemas in UK despite film shortage. Chain welcomes back cinema-goers as Covid restrictions ease but warns blockbusters are in short supply