Stocks to Watch Friday: ‘Hunger Games’ Stifles Lions Gate’s Roar
Date: Aug 10 2012
Filed under: Earnings, Stocks in the News, Market News
The Hunger Games may have been a springtime smash at the box office, but it wasn’t enough to get Lions Gate Films (LGF) to roar.
The film distributor posted a surprising quarterly loss on Thursday night, after marketing costs related to The Hunger Games, Cabin in the Woods, and other theatrical releases more than ate up the period’s potential profitability.
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Stocks to Watch Friday: ‘Hunger Games’ Stifles Lions Gate’s Roar originally appeared on DailyFinance.com on 2012-08-10T10:00:00Z.
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