Lionsgate Studios Corp. shares surged to an all-time high on Tuesday following a report that Netflix is eyeing an acquisition of the company. The stock reached an intraday peak of $16.70 before closing at $16.36, up 13.85 percent, marking its fifth straight day of gains. Semafor reported that Netflix has set its sights on Lionsgate but has not yet made a formal offer, and neither company has commented. The rally also followed Lionsgate's swing to a $70.2 million attributable net income in the fourth quarter of fiscal 2026, reversing a $117.4 million loss a year earlier, while quarterly revenue rose 5.8 percent to $906.5 million.
Lionsgate Studios Holding Corp. Shares surged on speculation that Netflix is eyeing an acquisition, a financial/valuation event.
Netflix IncNetflix is mentioned as the potential acquirer, but no formal offer or comment; impact is speculative.