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Cineworld Tumbles 82% After Report on US Bankruptcy Plan

A Cineworld Group Plc cinema in Leicester Square in London.

A Cineworld Group Plc cinema in Leicester Square in London.

Photographer: Jason Alden/Bloomberg
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Cineworld Group Plc shares slumped more than 80% after the Wall Street Journal reported that the world’s second-largest cinema operator is planning to file for bankruptcy in the US within weeks, citing people familiar with the matter.