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Do Traders Think Cinemark Holdings, Inc. (CNK) Can Turn Around Monday?

Monday, September 26, 2022 09:58 AM | InvestorsObserver Analysts

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Do Traders Think Cinemark Holdings, Inc. (CNK) Can Turn Around Monday?

Cinemark Holdings, Inc. (CNK) stock is lower by 9.99% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Cinemark Holdings, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CNK!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CNK Stock Today?

Cinemark Holdings, Inc. (CNK) stock is lower by -0.33% while the S&P 500 has risen 0.07% as of 9:46 AM on Monday, Sep 26. CNK is lower by -$0.04 from the previous closing price of $12.11 on volume of 18,226 shares. Over the past year the S&P 500 is lower by -16.82% while CNK is lower by -37.20%. CNK lost -$1.84 per share in the over the last 12 months. To screen for more stocks like Cinemark Holdings, Inc. click here.

More About Cinemark Holdings, Inc.

Cinemark Holdings Inc is the third- largest motion picture exhibitor in the United States. The company operates 5,868 screens in U.S and Latin America. Cinemark generates nearly $3 billion in revenue--approximately 60% from admissions, 30% from concessions, and 10% from other sources, such as in-lobby video games. Most of Cinemark's theaters are located in midsize cities or suburbs of large cities. Click Here to get the full Stock Report for Cinemark Holdings, Inc. stock.

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