Lionsgate Stock Hits High After Jennifer Lawrence’s Oscar Win
Guess Michael Burns was right to call Jennifer Lawrence the “Goddess of Lionsgate”! The Hollywood Reporter revealed that stocks for Lionsgate on the New York Stock Exchange jumped to a 52-week high immediately following Jen’s Academy Award win on Sunday.
This is definitely a sign that investors are expecting Catching Fire to be both a quality product and a massive blockbuster. THR quotes a stock analyst who mentioned that, while the Hunger Games sequel is already set up for success even without Jennifer’s recent win, this increase says a lot of Lionsgate’s ability to spot and support up-and-coming talent.
We can only hope this means great things for the franchise!