IMAX Corporation announced Wednesday the addition of up to 12 new films to screen in its partnership with Warner Bros. Pictures. IMAX has added releases of Kong: Skull Island, Blade Runner 2049, Tomb Raider, Ready Player One, The LEGO Batman Movie and the sequel to Fantastic Beasts and Where to Find Them, among others. IMAX has had a 13 year partnership with Warner Bros. Shares of IMAX were up 1% in premarket trade Wednesday. IMAX shares have lost 15% year-to-date, compared to the S&P 500’s gain of 5%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News