Report post

Will movie theater stocks perform well in 2022?

Ticket sales for movie theaters will likely rise this year. Some movie theater stocks may perform well in 2022 despite challenges for the broader market. Still, investors should approach the theater industry with caution. Keith Noonan has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney.

Does Cinemark own a movie theater?

Cinemark Holdings Inc.: Cinemark is a holding company that, through its subsidiaries, owns and operates movie theaters. The company has operations throughout the U.S. and Latin America. Cinemark reported Q2 2022 earnings figures on Aug. 5. Revenue more than doubled year-over-year (YOY) on narrowing net losses.

Will movie theater stocks become a meme stock frenzy?

Meme Potential: Movie theater stocks have the potential to become part of a meme stock frenzy where retail traders use social media apps to coordinate organized buying in stocks that are heavily shorted by institutional investors.

Does IMAX own theaters?

The company does not generally own theaters, but sells or leases its IMAX Theater System to theater operators. IMAX reported on Sept. 22 that it had acquired Canada-based artificial intelligence-based streaming technology company SSIMWAVE.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts