Imax, Cinemark Shares Surge As Market Opens Down 2%

ImaxThe market fell more than 2% at the open on Thursday despite massive commitments by governments and central banks to prop up economies and industry and help workers dislocated by theImax is 42%. Cinemark is up 50%. AMC Entertainment is up 2%. National Cinemedia is up 20%.And the National Association of Theater OwnersLondon's Canceled LGBTIQ+ Fest BFI Flare Sets Plan For Digital Rollout

After two truly horrific day with 6%-plus losses and trading halts, today’s more modest dip – at least so far – according to one CNBC anchor, may be showing “tepid signs of lessening volatility.” The European Central Bank launched a so-called Pandemic Emergency Purchase Program of 750 billion euros worth of debt purchases to help the regional economy.

Many businesses have deferred demand where people will buy as soon as outlets reopen. That isn't the case for restaurants, hotels and movie theaters.

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