|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||1.2500 - 1.3100|
|52-week range||0.8720 - 1.7700|
|Beta (5Y monthly)||3.53|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Apr 2020|
|1y target est||N/A|
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".
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The Cineworld share price has been on a rollercoaster ride for over two years. Can this FTSE 250 stock stabilise and unlock shareholder wealth? The post Short sellers love Cineworld stock! Will it ever be a lucrative investment? appeared first on The Motley Fool UK.