IMAX Shares Decline 2.1% as The Odyssey Reaches 24.7% of Yearly Box-Office Goal
Shares of IMAX Corporation dropped 2.1% to $51.29 on Tuesday, despite The Odyssey setting a new record as the format operator's top-earning film. The split indicates investors may be considering a record-breaking performance versus a valuation that factors in most of the year’s gains.
