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Theater stocks drop in wake of shooting

Cinemark, Regal shares tumble 4%

Shares of exhibitors slid Friday in the aftermath of a gunman killing 12 and injuring 59 others during a midnight screening of “The Dark Knight Rises” in a Cinemark theater in Aurora, Colo.

Shares of Cinemark and Regal Entertainment Group both declined 4% with Cinemark off $1.12 to $23.15 and Regal down 61 cents to $13.35. Marcus Group slid 3.7%, down 54 cents to $13.33 and Imax declined 2%, declining 48 cents to $24.02.

Shares of Carmike, which initially opened higher following a Bloomberg report that the chain could be a takoever target, were down by 1.6%, off 34 cents to $14.48.

Ad sales company National CineMedia slid 4%, declining 63 cents to $14.51.

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