Lionsgate Studios stock today: LION slides after insider sale filings hit the tape
Lionsgate Studios shares dropped 3.4% to $8.94 midday after SEC filings showed CEO Jon Feltheimer and Vice Chair Michael Burns sold stock in late December for tax planning. Feltheimer sold 195,000 shares at $8.28, Burns sold 21,748 at $9.01. The stock traded between $8.94 and $9.16 on volume of 1.23 million shares. Investors are watching if shares hold below $9 ahead of the next earnings update.