Lions Gate Entertainment (NYSE:LGF-B) Trading Down 0.1% – Here’s Why

Shares of Lions Gate Entertainment Corp. (NYSE:LGF-BGet Free Report) dropped 0.1% during trading on Thursday . The company traded as low as $8.87 and last traded at $9.01. Approximately 887,634 shares traded hands during mid-day trading, The stock had previously closed at $9.02.

Lions Gate Entertainment Stock Down 3.4 %

The business’s 50 day moving average price is $7.54 and its two-hundred day moving average price is $7.22.

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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