Lionsgate Stock Jumps 8.65% in Wake of Strong Earnings Report

Stock of Lionsgate has surged 8.65%, buoyed by a stronger-than-expected quarterly earnings report. Class A shares gained $2.21 to close at $27.76 in trading on the New York Stock Exchange. It was the highest close since Jan. 28. After the market closed Thursday, Lionsgate reported earnings of $62 million, or 30 cents a share, for... Read more » Dave McNary