IMAX

He feels it has upside approaching 60%. In his view, recent selloffs have made it an obvious bargain.

IMAX Corp. shares climbed on Tuesday and hit its 52 week high as strong summer box-office performance and growing investor confidence in the company's business model continued to support the stock. Shares rose 5.2% to $44.55 in afternoon trading, putting the stock on course to surpass its previous record closing high of $43.22, set on June 19, 2015.

IMAX Corporation (IMAX) Shareholder/Analyst Call Prepared Remarks Transcript

NEW YORK--(BUSINESS WIRE)--IMAX Corporation (NYSE: IMAX) and Asian Cinemas, one of India's leading cinema chains, today announced an agreement for three new state-of-the-art IMAX® with Laser locations in India through the AMB Cinemas brand. Two of the new locations will be in Hyderabad, the capital city of the southern Indian state of Telangana and a major hub of the Telugu-language film industry. The first location, at the AMB Classic in Hyderabad, will open before the end of 2026, with the tw.

Prediction market traders have a clear favorite for 2026's box office crown, and the ripple effects extend well beyond Hollywood.

NEW YORK--(BUSINESS WIRE)--IMAX Corporation (NYSE: IMAX) and Georgia Theatre Company (GTC) today announced an agreement for five new state-of-the-art IMAX® with Laser locations across the southeastern United States. The deal significantly expands the companies' existing partnership, which kickstarted with the opening of Georgia Theatre Company's first IMAX location in Athens, Georgia in 2025. The agreement will bring five new IMAX locations across Georgia, North Carolina and South Carolina, inc.

IMAX could make for an attractive takeover target. Moviegoing trends are working in the company's favor.

The sale of the large-format movie chain could bring interest from tech firms, media companies and even sovereign wealth funds, analysts say

The Wall Street Journal reported that IMAX is exploring a sale and has approached entertainment companies as potential buyers.

Shares of IMAX rose on Friday following speculation that the company is exploring a sale. A source familiar with the company told CNBC that IMAX has held "preliminary talks" through intermediaries, but no official pitches have been made by the company.