Cineworld shares drop in half after suspending operations

(MarketWatch) – Cineworld Group CINE, -56.26% shares fell 50% as it said it be suspending operations at all of its 536 Regal theatres in the U.S. and its 127 Cineworld and Picturehouse theatres in the U.K. from Thursday.

Cineworld said it is “assessing several sources of additional liquidity.” Cineworld shares had already dropped 82% this year heading into Monday.

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