Bernard Horn Comments on Cineworld

Guru stock highlight

Oct 22, 2020

U.K.'s Cineworld Group (LSE:CINE, Financial) declined due to delays in theatre re-openings as a result of COVID-19. After the quarter end, Cineworld announced plans to shut down all U.S. and U.K. theaters until movie studios release blockbuster movies and theater openings are permitted in New York and Los Angeles, where the majority of movie critics reside.

From Bernard Horn (Trades, Portfolio)'s Polaris Global Value Fund third-quarter 2020 letter.

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