Cinemark Holdings Badly Misses Expectations in Its First Quarter
Theater operator Cinemark Holdings (NYSE: CNK) reported first-quarter results that were far worse than analysts expected.
While being forced to close its movie theaters hurt its performance, investors might be surprised by the size of the miss, since the lockdown period only represented two weeks out of the quarter. Cinemark may have come up short anyway, even without the COVID-19 pandemic.
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Source Fool.com
