Author: DEG

On June 12, our firm downgraded the U.S. Theater sector to Sell and switched our stock recommendations of Cinemark and Regal from Neutral to Sell due to two growing threats facing exhibitors: Premium Video On-Demand and Netflix.  While each of these risks is unlikely to pose a material negative impact to near-term financials, we expect these longer-term industry headwinds to...

Enjoy this blog? Please spread the word :)