Lionsgate (LION) Jumps 7% as Film Breaks Box Office Record, Analyst Hikes PT
Lionsgate Studios Corp. (NYSE:LION) is one of the 10 Stocks Racking Up Monster Gains. Lionsgate rallied for a third straight day on Monday, climbing 7.09 percent to close at $12.24, after its new film hit box-office records, while investors digested an investment firm’s 25-percent price target upgrade for its stock. According to a report by NBC, Lionsgate Studios Corp.’s (NYSE:LION) new film, Michael—which depicts the life of Michael Jackson—generated $217 million in global sales in its first weekend of ...