Do Traders Think Lions Gate Entertainment Corp Class B (LGF.B) Can Turn Around Friday?

Friday, November 10, 2023 11:40 AM | InvestorsObserver Analysts

Mentioned in this article

Do Traders Think Lions Gate Entertainment Corp Class B (LGF.B) Can Turn Around Friday?

Lions Gate Entertainment Corp Class B (LGF.B) stock is down 2.41% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Lions Gate Entertainment Corp Class B has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LGF.B!

See Full LGF.B Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With LGF.B Stock Today?

Lions Gate Entertainment Corp Class B (LGF.B) stock is down -1.27% while the S&P 500 is up 0.6% as of 11:37 AM on Friday, Nov 10. LGF.B is lower by -$0.11 from the previous closing price of $8.63 on volume of 414,553 shares. Over the past year the S&P 500 has gained 16.68% while LGF.B is up 44.65%. LGF.B lost -$8.60 per share in the over the last 12 months.

More About Lions Gate Entertainment Corp Class B

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. The Television Production segment is involved in the development, production, and worldwide distribution of television productions, including television series, television movies and mini-series, and non-fiction programming. It also licenses Starz original series productions to Starz Networks and STARZPLAY International; distributes Starz original productions and licensed product; and sells and licenses music from television broadcasts of its productions. In addition, this segment sells and rents television production movies or series on packaged media, as well as through digital media platforms; produces, syndicates, and distributes approximately 80 television shows on approximately 35 networks; and offers services related to talent management. The Media Networks segment is involved in the domestic distribution of STARZ branded premium subscription video services through over-the-top (OTT) platforms and video programming distributors, such as cable operators, satellite television providers, and telecommunications companies; and OTT distribution of its STARZ branded premium subscription video services internationally. Lions Gate Entertainment Corp. was incorporated in 1986 and is headquartered in Santa Monica, California. Click Here to get the full Stock Report for Lions Gate Entertainment Corp Class B stock.