Lions Gate Entertainment (LGF) rose almost 4% on Monday, enjoying its best day since early September when it popped 10% in four days to $10.60 on the back of reports of insider buying by about a dozen top executives. Since then the shares have pulled back steadily, reaching a closing low of $8.36 last Thursday. […]
In my recent reading of Street research on traditional media companies I have noticed two trends. First, analysts are beginning to adjust their multiples downward in their sum of the parts valuation multiples, finally reflecting the actual trading multiples of media stocks in the current market environment. Analysts are really just catching up to the […]
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