The Cineworld (LSE: CINE) share price is now trading below the psychological barrier of 100p. It did manage to surpass this level earlier this year, but then it dipped back.I’m not convinced about the stock and for now I’ll continue to monitor the Cineworld share price.But there is another problem on the horizon, which I reckon could impact the shares.
The company is due to hold its Annual General Meeting (AGM) on 12 May. Normally, such events do not bother me. But last week, there were reports that institutional investor L&G is plotting to oust the firm’s chair, Alicja Kornasiewicz, as well as other directors.
Source: The Cineworld share price is below 100p. Is now a buying opportunity?