Cinemark Holdings (CNK) in Focus: Stock Moves 5.3% Higher

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Cinemark Holdings, Inc. CNK was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 13.9% in the past one-month time frame.

The company has seen five negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Cinemark Holdings currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Cinemark Holdings Inc Price

Cinemark Holdings Inc Price
Cinemark Holdings Inc Price

Cinemark Holdings Inc price | Cinemark Holdings Inc Quote

A better-ranked stock in the Leisure and Recreation Services industry is Camping World Holdings Inc CWH, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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