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Why IMAX Stock Popped Today

TheMotleyFool 
0 0 23.07.26
Why IMAX Stock Popped Today: https://g.foolcdn.com/editorial/images/880390/movie-theater-getty-6217-1500x1000-6b42342.jpg
 

Shares of IMAX (NYSE: IMAX) rose sharply on Thursday after the cinema technology pioneer's earnings crushed Wall Street's estimates.

Image source: Getty Images.

IMAX's revenue climbed 12% year over year to $103 million in the second quarter.

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Source Fool.com

Imax Corp. Stock

€41.00
-2.840%
We can see a decrease in the price for Imax Corp.. Compared to yesterday it has lost -€1.200 (-2.840%).
With 38 Buy predictions and not a single Sell prediction Imax Corp. is an absolute favorite of our community.
On the other hand, the target price of 40 € is below the current price of 41.0 € for Imax Corp., so the potential is actually -2.44%.
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