Lionsgate closed up 7.2% on Wednesday, flirting with its all time high. What happened? It probably wasn’t Vice Chairman Michael Burns’ marketing pitch to institutional investors on Monday. That’s old news. But CNBC’s Jim Cramer may have played a role with his over-the-top analysis yesterday where he called the upcoming film The Hunger Games “a giant needle mover.”
Subscribe to Deadline Breaking News Alerts and keep your inbox happy.