Cineworld shares tank after Regal Cinemas owner ditches plans to sell US, UK businesses

Shares in Cineworld plunged more than 30% Monday to their lowest level since late August, after the owner of Regal Cinemas said it was terminating plans to terminate efforts to sell its US, UK and Ireland businesses.

​Shares in Cineworld plunged more than 30% Monday to their lowest level since late August, after the owner of Regal Cinemas said it was terminating plans to terminate efforts to sell its US, UK and Ireland businesses.