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Why Cinemark Tumbled 11% Today

TheMotleyFool

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Cinemark (NYSE: CNK) tumbled almost 11% today on no company-specific news, but fellow theater operator AMC Entertainment (NYSE: AMC) was down 10% as well.

Movie theater chains had gotten a boost the other day thanks to prospects improving for reopening the economy, though at least one analyst worried that Cinemark would be hurt by its exposure to the Brazilian market.

Image source: Getty Images.

Source Fool.com

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