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DENVER--(BUSINESS WIRE)--Ray Nutt, CEO of Fathom Events, the leading specialty distributor of content to theatrical partners worldwide, announced that the company is on track for record-breaking gross revenues of more than $145 million, representing a 45% increase in sales from last year's gross revenues of $100 million. Nutt also revealed that the company will be rebranded as Fathom Entertainment starting in January of 2025. Fathom's performance in 2024 has been strong across all business segm.
In 2025 “we will finally see what could be the new normal,” as the box office continues its rebound, according to National CineMedia CEO Tom Lesinski.
Does Cinemark Holdings (CNK) have what it takes to be a top stock pick for momentum investors? Let's find out.
Investors interested in Leisure and Recreation Services stocks are likely familiar with Cinemark Holdings (CNK) and Airbnb, Inc. (ABNB). But which of these two stocks is more attractive to value investors?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Stocks like CNK, DIS, MAT and FOX will benefit from the jump in consumer confidence and the ongoing holiday season.
CNK stock reflects resilience on strong moviegoers' attendance, innovative food and beverage offerings and strategic investments in premium theater experiences.
CNBC's Julia Boorstin joins 'Fast Money' to talk the weekend's record box office numbers.
PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced that it achieved multiple all-time domestic records across box office, premium formats, and food and beverage sales throughout the Thanksgiving holiday period thanks to a diverse selection of movies that provided something for everyone to watch in Cinemark's immersive, larger-than-life auditoriums. Driven by the tidal wave open.
Here is how Cinemark Holdings (CNK) and Carnival (CCL) have performed compared to their sector so far this year.