CNK Sep 2024 22.000 put
| Previous close | 3.8000 |
| Open | 3.8000 |
| Bid | 2.8500 |
| Ask | 4.9000 |
| Strike | 22.00 |
| Expiry date | 2024-09-20 |
| Day's range | 3.8000 - 3.8000 |
| Contract range | N/A |
| Volume | |
| Open interest | 26 |
GuruFocus.comDaniel Loeb's Strategic Acquisition of Cinemark Holdings Inc Shares
On May 14, 2024, Third Point LLC, led by Daniel Loeb (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 2,000,000 shares of Cinemark Holdings Inc (NYSE:CNK). This transaction increased Third Point's total holdings in the company to 7,000,000 shares, marking a substantial investment in the entertainment sector. The shares were purchased at a price of $18.78 each, reflecting a strategic move by the firm amidst the evolving market dynamics.
ZacksAre Consumer Discretionary Stocks Lagging Codere Online Luxembourg (CDRO) This Year?
Here is how Codere Online Luxembourg, S.A. (CDRO) and Cinemark Holdings (CNK) have performed compared to their sector so far this year.
ZacksAre Investors Undervaluing Cinemark (CNK) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
