Cinemark Stock Rises 22% in a Month: Is the Momentum Sustainable?

Shares of Cinemark Holdings, Inc. (CNK) have rallied 21.9% in the past month compared with the Zacks Leisure and Recreation Services industry’s 8.1% rise. Yesterday, the stock increased 4.4% after it reported record-breaking achievements during the Thanksgiving holiday period.In the past month, the company’s share price performance outshined other industry players, including AMC Entertainment Holdings, Inc. (AMC) , The Marcus Corporation (MCS) and Live Nation Entertainment, Inc. (LYV) .CNK is benefiting fro ...