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Shares of larger-than-life cinema technologist Imax (NYSE: IMAX) closed Monday's trading 8.4% higher, having risen 10.2% earlier in the day. The stock rose thanks to an impressive second-weekend showing of Walt Disney 's (NYSE: DIS) latest superhero movie. Shang-Chi an...
While COVID remains one of the key risks facing the broader markets, there have been signs that the post-pandemic reopening has persisted even in the face of the Delta variant. On Monday, cinema stocks epitomized this optimism, rising on a second consecutive week of strong box-office performa...
Disney's (DIS +0.3%) impressive run at the 2021 box office continues, as its latest Marvel movie kept up a robust pace, offering still more good news to movie theaters as the industry ponders the way forward on in-person/streaming strategies. Shang-Chi and the Legend of the Ten Rings grossed ...
It's a plot twist that few saw coming. Disney (NYSE: DIS) has gone from being a villain of the multiplex industry to rising up as a potential savior. Marvel's Shang-Chi and the Legend of the Ten Rings shattered the box-office record for a Labor Day weekend screening. Black...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips I’ve repeatedly summarized all the reasons I’m skeptical of investing in the movie theater business. But even if you assume movie theaters are a sound long-term investment, AMC Entertainment (NYSE: AMC ...
Add another film to the growing list of hybrid simultaneous online releases, as Universal's (NASDAQ:CMCSA) Halloween Kills - the latest entry in a venerable slasher franchise - will make a debut on Peacock on the same day it hits theaters. The movie, featuring Jamie Lee Curtis (who starred in...
IMAX Corporation to Present at the Bank of America Securities 2021 Media, Communications and Entertainment Conference PR Newswire NEW YORK , Sept. 9, 2021 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that Richard L. Gelfond, CEO, w...
It might have been a mixed day for the broader averages, but AMC Entertainment (NYSE:AMC) had an unambiguously good session. No, this wasn't a result of meme-stock traders attempting to force another short squeeze -- at least, not completely. Rather, AMC shares reacted to actual positive...
IMAX Hits Best September Weekend Ever With $13.6 Million for Marvel's "Shang-Chi and the Legend of the Ten Rings" Knockout Debut of Marvel Studios' Newest Hero Smashes IMAX Labor Day Records For Global and North American Opening Weekend, and Overall Weekend Box Office PR New...
Macquarie is cutting its rating on AMC Entertainment (NYSE:AMC), a rare occurrence, with many analysts giving up trying to value the meme stock on its fundamentals. It is moving AMC to Underperform from Neutral, and also downgrading Reading International (NASDAQ:RDI) to Neutral from Outperfor...
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"Deadpool & Wolverine" Scores Biggest IMAX Opening Weekend since 2022 With $36.5 Million Global Debut "Deadpool & Wolverine" Scores Biggest IMAX Opening Weekend since 2022 With $36.5 Million Global Debut PR Newswire Disney /Marvel's Merc with a Mouth Sets Slew ...
2024-07-26 16:00:05 ET James Goss from Barrington issued a price target of $25.00 for IMAX on 2024-07-26 13:20:00. The adjusted price target was set to $25.00. At the time of the announcement, IMAX was trading at $19.965. The overall price target consensus is at $23.43 w...
2024-07-26 16:00:05 ET Alicia Reese from Wedbush issued a price target of $24.00 for IMAX on 2024-07-26 13:20:00. The adjusted price target was set to $24.00. At the time of the announcement, IMAX was trading at $19.965. The overall price target consensus is at $23.43 wi...