CPXGF News and Press, Cineplex Inc From 03/24/21

Cinema stocks are generally tracking lower today amid their latest news cycle: Disney's capitulating on plans for a May 7 debut for tentpole Marvel film Black Widow, now pushed to July 9 and launching online as well as in theaters. Disney has the same plans for its live-action take on Cruella...

One of the biggest risks of shorting stocks is getting burnt and squeezed out. Writing naked call options can provide a position similar to shorting a stock while having a different risk profile. Advantages and disadvantages exist for both of writing naked call options and direct ...

With [[AMC]] theaters reopening across California today - which brings its U.S. locations to 98% open, if capacity-limited - the stock closed the week with its fifth straight weekly gain, up 25.5% for the week. Shares in the U.S. cinema leader haven't had a weekly decline since the week of Fe...

MKM Partners has weighed in on the reopening of movie theaters in California (and New York City, where plans to reopen predated California's by a bit). plans to reopen predated California's by a bit The reopenings in Los Angeles and New York City are material for the industry, MKM notes, indi...

AMC Entertainment (AMC) is 10.3% lower in some apparent profit-taking today, though it's also moving lower in line both with Reddit-fave peers and fellow cinema stocks. AMC ended up jumping 25.8% yesterday as it reopened its two key Los Angeles venues and reaffirmed its plans to reopen all Ca...

Movie theaters in Los Angeles could be open as soon as within the week, if the county can hold numbers according to Gov. Gavin Newsom's plan. Newsom qualified Los Angeles County to move to the red tier in the state's COVID-19 classification - which means barring any downturn, several business...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Satu...

Cineplex's Adjusted EBITDA for 2020 was a loss of $51.8 million from $417 million a year earlier. Management tried to cut costs and raise new cash where possible by selling its head office and reaching a new Scene Card agreement with its partner, Scotiabank. Cineplex generated a l...

AMC Entertainment (AMC +13%) is riding high for a second day after news that New York City movie theaters would reopen March 5. The extended rally comes alongside a reaction from Wedbush, which calls the news a "ray of light" for the struggling theater company (which is still a ways off its a...

The following slide deck was published by Cineplex Inc. in conjunction with their 2020 Q4 earnings call. For further details see: Cineplex Inc. 2020 Q4 - Results - Earnings Call Presentation