- Cineworld and bowling venue operator Ten Entertainment both swung to huge losses last year
- Now the companies face diverging prospects once lockdown ends
A beleaguered cinema chain, already weighed down by a mountain of debt, is suddenly forced to close its venues by a global pandemic. Wealthy short-sellers prey on the company, betting millions on its imminent collapse. Then, apparently out of nowhere, hundreds of ordinary folk club together to rescue the once-beloved brand, leaving Wall Street’s vulture capitalists bruised and dumbfounded.