RE:Q2 Cineplex The Globe and Mail reports in its Wednesday, June 13, edition............................................................................................. that Cineplex has shed about 40 per cent in the past year, hurt by falling box-office results, worries about the threat from streaming services and skepticism about the company's diversification strategy. The Globe's John Heinzl writes that Cineplex's latest results, released in May, did little to assuage investors' concerns. In the first quarter, attendance fell 9.3 per cent to 17.8 million, with one movie -- Black Panther -- accounting for more than one-fifth of the total ticket sales. .....................................................................................................................................Yet some analysts say Cineplex's stock is getting unduly punished for what may turn out to be a temporary lull at the box office. Not only does it stand to benefit from a strong slate of movies in the second and third quarters, but the expected uptick in attendance comes at a time when Cineplex's diversification and cost-saving efforts are also starting to bear fruit. Raymond James analyst Kenric Tyghe says, "While the [first-quarter] headline performance was disappointing it does not represent a further acceleration of secular attendance decline." He rates Cineplex "outperform." Thomson Reuters says Cineplex has eight buy ratings, three holds and no sells.