Pre-Market Review: News, Walt Disney, Live Nation Entertainment, and IMAX Corp.
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LONDON, June 27, 2013 /PRNewswire/ --
On Wednesday, June 26, 2013, shares in diversified entertainment companies ended mostly lower, even as the broader market rose sharply for a second successive trading session. The major movers in the sector included News Corp. (NASDAQ: NWSA), Starz (NASDAQ: STRZA), Live Nation Entertainment Inc. (NYSE: LYV), and IMAX Corporation (NYSE: IMAX). AAAResearchReports.com initiated preliminary technical research on NWSA, STRZA, LYV, and IMAX. These free reports are accessible by signing today at:
http://www.aaaresearchreports.com/register/
Shares in News Corp. rose sharply on Wednesday, tracking gains in the broader market. The company's shares hit an intraday high of $32.17 before finishing the day 2.19% higher at $32.15. A total of 18.07 million shares were traded which is above the daily average volume of 16.29 million. News Corp.'s shares have gained 2.32% so far this week. In the last three months, the stock has gained 6.00%, thus outperforming the S&P 500. The stock is currently trading near its 52-week high of $34.04. Moreover, the company's shares are trading above their 50-day and 200-day moving averages. The free technical analysis on NWSA is available by signing up at:
http://www.AAAResearchReports.com/NWSA062713.pdf
Starz's stock ended slightly lower on Wednesday, even as the broader market posted significant gains. The company's shares traded between $21.56 and $21.98 before closing the day 0.09% lower at $21.59. A total of 847,354 shares were traded which is below the daily average volume of 989,672. Starz's shares fell 1.42% in the last three trading sessions. Furthermore, the stock is trading above its 200-day moving average. Register now to download free research on STRZA at:
http://www.AAAResearchReports.com/STRZA062713.pdf
Shares in Live Nation Entertainment Inc. moved slightly lower on Wednesday, reversing some of their gains for the week. The company's shares ended the day at $15.39, down 0.52%, after oscillating between $15.35 and $15.74. A total of 1.43 million shares were traded which is below the daily average volume of 1.76 million. Live Nation's shares are now up 2.40% for the week. The stock has gained 22.83% in the past three months, hence outperforming the S&P 500. Moreover, the company's shares are currently trading near their 52-week high of $16.31. A free report on LYV can be accessed by registering at:
http://www.AAAResearchReports.com/LYV062713.pdf
IMAX Corporation's stock slipped on Wednesday, extending their losses from previous trading sessions. The company's shares finished the day 0.16% lower at $24.29 after fluctuating between $24.07 and $24.75. A total of 315,820 shares were traded which is well below the daily average volume of 694,071. IMAX's shares are now down 1.58% for the week. Register with AAA Research Reports and download research on IMAX for free at:
http://www.AAAResearchReports.com/IMAX062713.pdf
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SOURCE AAA Research Reports
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