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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:34 EDTCKECCarmike Cinemas price target raised to $37 from $30 at Maxim
Maxim raised its price target for Carmike Cinemas shares to $37 ahead of the company's Q4 results and maintains a Buy rating on the stock. The firm expects the company's move into higher end theaters and the success of Gravity in 3D should drive growth.
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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