Cineworld stock price recovers 25% after logging record lows

Shares of Cineworld Group PLC (LON: CINE) closed the week 24.8% higher after the price action logged record lows below GBX20. The outlook for the stock is all but positive on the back of weak box office results and postponements of major films like “The Batman”, “No Time to Die”, and “Dune”. Fundamental analysis: Biggest crisis in history It’s now more than evident that the cinema industry is experiencing the worst crisis in its long history. The world’s second largest cinema chain was forced to shut 663 cinemas as the pandemic continues to create havoc in the cinema industry. Cineworld