Trade of the Day: Cinemark (CNK) Stock May Ride Higher on a Short Squeeze

While Monday was a bloodbath for most equities, the market wasn't completely devoid of winners. One standout performer was movie theater owner and operator Cinemark (NYSE:CNK). On the surface, an enterprise with fading relevance to the consumer would seem problematic. However, CNK stock not only gained nearly 10% so far this week but shot up almost 14% in the past 5 trading days. Even better, it might not be done with its northward trek. Catapulting sentiment was the company's surprisingly robust second-qua ...