Lions Gate Entertainment (NYSE:LGF-A) Shares Up 2.8% – Here’s What Happened

Lions Gate Entertainment Corp. (NYSE:LGF-AGet Free Report)’s share price shot up 2.8% on Tuesday . The company traded as high as $8.00 and last traded at $7.99. 1,008,164 shares were traded during mid-day trading, The stock had previously closed at $7.77.

Lions Gate Entertainment Trading Up 2.8 %

The business has a 50-day simple moving average of $7.92 and a 200-day simple moving average of $8.18.

Lions Gate Entertainment Company Profile

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Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.

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