Reading International, Inc (Class B (RDIB)
Reading International, Inc. (Class B) operates a diversified entertainment, retail, and property business. It owns and manages cinemas, retail centers, and entertainment venues primarily in the United States and Australia. The company is known for its multiplex cinemas and shopping centers, combining real estate and content entertainment to generate revenue through ticket sales, retail leases, and entertainment services.
Company News
Reading International reported strong Q2 2025 financial results, with total revenues increasing 29% to $60.4 million, operating income improving to $2.9 million, and positive EBITDA of $6.3 million, driven by successful cinema performance and strategic property sales.
On Thursday, 369 companies hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Coca-Cola (NYSE:KO). The smallest company by market cap to hit a new 52-week low was Neptune Wellness Solns (NASDAQ:NEPT). Aethlon Medical (NASDAQ:AEMD)'s stock fell the most, as it...