Lionsgate Reaches All-Time High Amid Reports of Potential Netflix Acquisition
Lionsgate (NYSE:LION) reached an all-time high following reports it is being considered for acquisition by Netflix, despite no formal offer or confirmation from either company. The stock surged to $16.70 before closing at $16.36 with a 13.85% gain on Tuesday.
Topics: Lionsgate stock surge M&A speculation Netflix acquisition buzz