'Hunger Games' Feeds Theater Stocks While Investors Ponder Lionsgate's Future

Looks like movie theater owners are the biggest beneficiaries on Wall Street today from the excitement over the early box office results for The Hunger Games. Carmike was +2.7%,  Marcus Corp was +2.6%, Cinemark was +1.6%,  and Regal was +0.6%. Although exhibition companies have done well over the last few months as ticket sales have picked up, they’re also vulnerable when a big film bombs the way Disney’s John Carter did. What about Lionsgate, which produced and distributed Hunger Games? Its stock price bounced around today before ending at $14.53, virtually flat at -0.1%. Investors already exhibited their extravagant expectations for the film by bidding Lionsgate up 10% over the last five days  — not to mention the 74.6% jump since the beginning of January, and the 138.6% increase over the last 12 months. (more…)

This article was printed from https://deadline.com/2012/03/hunger-games-feeds-theater-stocks-while-investors-ponder-lionsgates-future-248341/