NWSLV News: Strength Seen in Imax (IMAX): Can Its 5.3% Jump Turn into More Strength? - 11th Apr 2023, 8:40pm

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Imax (IMAX) shares rallied 5.3% in the last trading session to close at $20.85. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.8% gain over the past four weeks.

The upswing in share price came after IMAX announced that Illumination/Universal's The Super Mario Bros. Movie delivered the highest animated IMAX opening weekend of all time at the global box office with $21.6 million.

The film scor...

>>> Read more: Strength Seen in Imax (IMAX): Can Its 5.3% Jump Turn into More Strength?
 
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