Latest in Lionsgate Stock

UPDATE: They did it again. Lionsgate’s stock today hit an intra-day and 52-week high of $31.10 on the New York Stock Exchange. It closed at 30.92, up 0.63 or 2.08%. Lionsgate has been on a roll lately, surging in part to the successful Hunger Games and Twilight franchises. Kevin Hart: Let Me Explain from Lionsgate’s…

The stock is up about 4% in mid-afternoon trading after Piper Jaffray’s James Marsh raised his price target for Lionsgate this morning by 18.5% to $32 ahead of the studio’s financial report next week for the quarter that ended in March. The analyst says that investors may be impressed by DVD and VOD sales for <a href="http://www.deadline.com/tag/twilight-saga/"…

How long will the joyride continue? Lionsgate’s stock closed today +1.6% to $16.86, exceeding the previous record of $16.68 that it reached on November 9. While that’s the company’s best closing price, it’s still shy of the intra-day high of $17.02 that it hit on November 1. But execs at the independent studio have no…

The billionaire activist investor would have been $345M richer if he had held on to his Lionsgate stock — which closed today at $14.22 per share — instead of selling the bulk of his holdings late last year for about $7 per share. At one point he owned 33% of Lionsgate. But he shrugged off his miscall in an interview…

UPDATE, 6:30AM: Lionsgate shares are up around 3.8% in pre-market trading and are about +4.2% on the Paris stock exchange. For exhibition companies, Hunger Games’ $155M domestic opening buttresses the case that box office sales are back in 2012. Thus far, Q1 is +22% over the same period last year and, should end up…

Another day, another record closing stock price for Lionsgate. Investors are licking their chops over the expected blockbuster ticket sales for The Hunger Games, which opens Friday. That propelled company shares +7.2% today to $15.28. It also followed a 7.8% jump on Monday. Indeed, Lionsgate’s up 26.9% over the 30…

Based on this morning’s nearly 6%-plus pop in Lionsgate’s share price, you’d never know how badly the company’s fiscal Q3 report released last night fell short of analyst forecasts. The market is forward looking, though, and Lionsgate execs filled their morning conference call with upbeat talk about their movie and TV…

The film and TV company had a net loss of $24.6M, an improvement from its $29.7M loss in the quarter last year, on revenues of $358.1M, down 21.5%. That revenue figure was far below the $421.5M that analysts expected. And the net loss, at 18 cents a share, was below the 13 cent loss the Street had forecast. The bottom…

Here’s still more evidence that Carl Icahn is getting out of Lionsgate’s hair. The studio’s stock price spiked after the market closed Wednesday when a big block of 3 million shares traded. I’m told the block was Icahn’s, and the sale now takes him down from 3.1% to just 1% ownership of the movie and TV company. The…

Billionaire Carl Icahn bought 702,877 shares of Lionsgate this week, raising his stake in the movie and TV studio about 0.5% to 33.1%, he says in an SEC filing today. What appears to be his first purchase of the studio’s stock since July 2010 likely will lead company watchers to wonder whether he plans to make another…

Though Carl Icahn’s attempt to take control of Lionsgate was dealt a setback recently by a Supreme Court judge in British Columbia who dismissed Icahn’s lawsuit to stop a Lionsgate de-leveraging move that pushed his 38% stake down to 33.5%, Icahn is still trying. He’s extended his $7.50 per share offer, which had…

Lionsgate has recommended to shareholders that they spurn Carl Icahn’s latest offer to pay $7.50 for outstanding shares. The company just filed its Schedule 14D-9 Report. The report described a September 7 meeting of the board of directors, which unanimously rejected the offer and voted to recommend that shareholders…