Lions Gate Entertainment (NYSE:LGF-B) Trading 2.2% Higher – Here’s What Happened

Lions Gate Entertainment Corp. (NYSE:LGF-BGet Free Report)’s share price traded up 2.2% during mid-day trading on Friday . The stock traded as high as $8.78 and last traded at $8.75. 869,539 shares changed hands during mid-day trading, The stock had previously closed at $8.56.

Lions Gate Entertainment Stock Performance

The stock has a 50-day simple moving average of $8.02 and a 200 day simple moving average of $7.35.

About Lions Gate Entertainment

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Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.

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