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Cinemark Share Sell-Off Continues as Royal Bank Cuts Stake

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CAD
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Royal Bank of Canada sold nearly all its shares in Cinemark Holdings Inc. $168,000 worth of stock was unloaded by the fund in the first quarter, leaving it with a 5,891-share stake.

This is not an isolated incident, as several other institutional investors have been buying and selling Cinemark's shares recently.

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