Cinemark Holdings Enjoys Sustained Momentum Amid Strong Summer Box Office
A remarkable opening weekend for the latest Spider-Man film bolsters CNK stock Once sitting among the most beleaguered enterprises following the COVID-19 crisis, movie house operator Cinemark Holdings (NYSE:CNK) saw its equity shares pop up more than 3% on Monday. Bolstering enthusiasm was a strong opening weekend performance for the latest film in the Spider-Man franchise. So far this year, CNK stock has climbed more than 106%, well above the comparatively pedestrian S&P 500 index at just under 12%. Tripling Earlier DebutFurther, “Across the Spider-Verse” blew past industry insider expectatio...