Rogers Jamie@rogers_jamie

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#Legendary #Lionsgate stock surge

Skydance’s success in buying two Hollywood studios may have opened a Pandora Box, inspiring other production companies to climb the ladder. And oh boy, it’s happening quickly, as Dune & Godzilla films production company Legendary is reportedly bidding to acquire Lionsgate, what caused Lionsgate’s stock to skyrocket almost +17% this TUE. So far, none of the companies confirm or deny the bid, and there have been other recent false reports involving possible Lionsgate’s acquisition, but for some reason this time WallStreet seems to be sure it’s actually happening. We will have to wait and see…

2h

Rogers Jamie@rogers_jamie

Follow

#Legendary #Lionsgate stock surge

Skydance’s success in buying two Hollywood studios may have opened a Pandora Box, inspiring other production companies to climb the ladder. And oh boy, it’s happening quickly, as Dune & Godzilla films production company Legendary is reportedly bidding to acquire Lionsgate, what caused Lionsgate’s stock to skyrocket almost +17% this TUE. So far, none of the companies confirm or deny the bid, and there have been other recent false reports involving possible Lionsgate’s acquisition, but for some reason this time WallStreet seems to be sure it’s actually happening. We will have to wait and see…

2h