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Sep 28, 2022 · Cineworld’s U.S. bankruptcy proceedings have stopped Cineplex from so far receiving any payout on the December 2021 judgement from the Canadian court against its U.K. rival.
Aug 14, 2020 · Cineplex Inc. reported a loss of $98.9 million in its latest quarter as its movie theatres were closed due to the COVID-19 pandemic. (Chris Young/The Canadian Press) Social Sharing
Oct 10, 2020 · The calamities that have afflicted Cineplex Inc. this year suggest that major changes are in store for Canadian moviegoers. Cineplex accounts for about 75 per cent of Canada’s box-office revenues.
Aug 15, 2024 · Should you buy Cineplex stock today? Besides the impacts I listed above that Cineplex has faced, another major concern around the stock and the market in general is the economic environment we find ourselves in today. It’s not surprising that Cineplex stock struggles at a time of market uncertainty.
Sep 23, 2024 · The eight companies that reported to the theater owners association include AMC, Regal Cinemas, Cinemark, Cineplex, Marcus Theatres Corp., B&B Theatres, Harkins Theatres and Santikos Entertainment.
In recent months, Cineplex maintained the position that Cineworld should follow through on the purchase that valued Cineplex at more than $2 billion. Cineplex stock jumped from $24 to $34 when the two companies revealed the deal in December 2019. Cineplex now has a market capitalization of $307 million.
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Aug 9, 2024 · Cineplex swung to a Q2 loss of $21.4 million, compared to a year-ago profit of $176.5 million, on overall revenue down 25 percent to $277.3 million.
