Broadcom Inc. Stock Falls Tuesday, Underperforms Market

Cinemark Holdings Inc

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Communication Services : Entertainment | Small Cap Value

Company profile

Cinemark Holdings, Inc. is primarily engaged in providing motion picture exhibitions. The Company operates through two segments: U.S. markets and international markets. It operates approximately 522 theatres and over 5,868 screens in the United States and Latin America. In the United States, the Company provides circuits in over 321 theatres and approximately 4,408 screens, and its international circuit has over 201 theatres and approximately 1,460 screens across 15 countries. It plays mainstream films from many different genres, such as animated films, family films, dramas, comedies, horror and action films. The Company offers content in both two-dimensional (2-D) and two-dimensional (3-D) formats in all of its theatres. The Company has theatres in the United States, Brazil, Argentina, Chile, Colombia, Ecuador, Peru, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay.

Broadcom Inc. Stock Falls Tuesday, Underperforms Market

4:38 pm ET January 18, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Broadcom Inc. (AVGO) slipped 3.12% to $577.79 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.84% to 4,577.11 and Dow Jones Industrial Average falling 1.51% to 35,368.47. This was the stock's fourth consecutive day of losses. Broadcom Inc. closed $99.97 below its 52-week high ($677.76), which the company reached on December 28th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 4.86% to $133.83, NVIDIA Corp. (NVDA) fell 3.86% to $259.03, and Intel Corp. (INTC) fell 1.69% to $54.76. Trading volume (3.6 M) eclipsed its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2022.

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January 18, 2022 16:38 ET (21:38 GMT)