Why Lionsgate Stock Crushed it on Thursday

Some degree of Takeout Fever was gripping Hollywood on the second-to-last trading day of the week.On news that an entertainment sector giant might be making an attempt to buy a large peer, investors took an interest in several industry stocks on Thursday. One of these was Lionsgate Studios (LION 15.88%), whose share price surged by almost 16%, surely on hopes that it too might be approached by suitors. The stock's advance was much more impressive than the S&P 500 index's 0.9% increase. Hollywood heatThe tal ...