Lionsgate (LION) Hits All-Time High on Netflix Merger Buzz

Lionsgate Studios Corp. (NYSE:LION) is one of the 10 Stocks With Standout Gains.

Lionsgate climbed to a fresh all-time high on Tuesday following reports that it was being eyed for acquisition by Netflix Corp.

In intra-day trading, the stock surged to its highest price of $16.70 before paring gains to finish the session just up by 13.85 percent at $16.36 apiece. Tuesday also marked its fifth consecutive day of gains.

Photo by Tima Miroshnichenko on Pexels

A report by Semafor said Tuesday that Netflix has set its sights on Lionsgate Studios Corp. (NYSE:LION), albeit it has yet to make a formal offer. Both parties have yet to issue a comment about the report.

The report followed Lionsgate Studios Corp.’s (NYSE:LION) swing to profitability in the fourth quarter of fiscal year 2026, where it incurred a $70.2 million attributable net income, reversing a $117.4 million attributable net loss in the same period a year earlier. This slashed its full-year attributable net loss by 45 percent to $198.3 million from $362 million year-on-year.

Meanwhile, revenues in the said quarter jumped by 5.8 percent to $906.5 million from $865.6 million, pushing its full-year revenues higher by 1.8 percent to $2.63 billion from $2.58 billion.

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