Shares of Barbie-maker Mattel and movie distributors Comcast and Warner Bros. Discovery may be surging, but not every entertainment stock is basking in the good vibes during the hottest movie weekend of the summer.
Wall Street analysts have given a thumbs-up to Imax’s $124 million planned deal to take full control of its Chinese unit. Imax had unveiled the transaction to acquire the remaining 28.5 percent stake in its Shanghai-based subsidiary, or around 96.3 million shares currently trading on the Hong Kong Stock Exchange, on Wednesday. The company currently […]