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News Breaks
January 27, 2014
09:57 EDTCKECCarmike Cinemas to construct 12-screen entertainment complex in Spring Hill, TN
Carmike Cinemas will open a new 12-screen entertainment complex featuring its ‘Big D’ premium experience in Spring Hill, Tennessee. Construction has already begun for the new location, an extension of The Crossing South of Spring Hill shopping center located at the intersection of US Highway 31 and Saturn Parkway. The new theatre will be furnished with 12 screens and have total seating capacity for more than 2,500 guests. The BigD, Carmike’s own premium large screen format experience auditorium, will seat 540 patrons.
News For CKEC From The Last 14 Days
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December 17, 2014
17:37 EDTCKECCarmike Cinemas delays exhibition of "The Interview" due to Sony cyber-attack
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14:36 EDTCKECCarmike Cinemas rallies, remains in longer-term downtrend
The stock is rallying, last up 3% to $25.66. At that price the stock is still within the downtrend channel that began to develop late in November. It would need to break above the $26.50 level to breach the top of the channel. Support is at $25.33.
06:07 EDTCKECCarmike Cinemas pulls screenings of Sony's "The Interview," AP reports
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December 16, 2014
07:52 EDTCKECCarmike Cinemas sell-off overdone, says B. Riley
B. Riley said the sell-off in Carmike has been excessive and views valuation as attractive ahead of the 2015 film slate and catalysts. Shares are Buy rated with a $40 price target.

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