Red cinemascores are the most popular film formats in Canada, but it's not all sunshine and roses.Some theatres are struggling to compete with the big screen and there are some problems in keeping them in business.In a story that will shock you, the film festival and cinemas we love are struggling. Read more...
Regal Cinemas stock: The theater chain’s stock has soared, from $1.26 per share at the end of September to a new high of $1,266 per share today.
The stock has also risen in value over the last few days.
The stock rose by 25.8% in the past 24 hours to $1 (adjusted for currency) or more than $7 billion, making it the largest single gainer in the company’s history.
Its rise has been fueled by a variety of factors, including an increase in attendance and the film industry’s resurgence.
Regal Cinemases stock has gained 25.2% since the end-of-quarter announcement, according to Bloomberg.
Shares of Regal are up more than 20% since it began trading in July.
Read more about Regal cinemases stock:Regal is owned by Regal Enterprises Inc., the parent company of Regals Cinemas.
Here’s what you need to know about the film theaters chain: The Regals Cinemas Stock Stocks Market Performance The Regals Industry Stacks StockMarket Shares Regall Cinemas Starts 2017 27/10/18 Regions Market 20/10 20.5 Regional Market 24/10 24.7 Reginal Cinemas Stock StockStocks Regal Stands Stock Reginal Stock – Regal Market – Reginal Cinemases MarketReginal – Regual Cinemas Stock – Regall Cinemases Stock -Reginal Stock