Why IMAX Stock Got Mashed on Monday
On Monday, a judge's ruling that affected a peer company of (NYSE: IMAX) put pressure on the big-screen film exhibitor and technology specialist. Investors were skittish about buying entertainment stocks, and IMAX closed the day nearly 2% down in price.
A district court judge in California ordered Paramount Skydance to pause its planned acquisition of fellow major Hollywood studio Warner Bros. Discovery. The case was brought by the attorneys general (AGs) of 12 states; sensibly enough, as it's where the entertainment industry is still centered, California led the effort.
Image source: Getty Images.
Source Fool.com
Imax Corp. Aktie
41,00 €
-2,84 %
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 38 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Trotz eines Kursziels von 40 €, das unter 41.0 € liegt, ergibt sich für Imax Corp. ein negatives Potenzial von -2.44%.
