Thursday, March 11, 2010

Recession: Revenge of the Fallen Stocks

MoneyElement

July 1, 2009 by MoneyElement · Leave a Comment 

Stocks linked to one of the most waited movies to come out, Transformers, are seeing modest rise of their shares. Hasbro, a toy making company, saw 2% share profit. All three big publicly-traded theatre chains saw their shares rise nicely. Carmike Cinemas’ (Nasdaq:CKEC) shares rose over 10%, while Regal Entertainment (NYSE:RGC) and Cinemark Holdings (NYSE:CNK) were up 6% and 5% respectively. Biggest winner award though goes to Imax with sky rocking 19%. With J.I. Joe and Harry Potter in the pipeline these stocks are likely to see even more share rise.

Read more on these companies at Yahoo Finance.

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