Thoughts on IMAX

Filed under: Analyst Upgrades and Downgrades, Walt Disney (DIS), Technical Analysis

What a day for IMAX (IMAX), huh? Actually, make that a couple days. At the time of this writing, shares of the 3D-theater entity were up 5.7% to $31.70. Volume was very significant (and there still were over two hours to go until the end of the trading day). On Thursday, the stock closed with an incredible gain. What's going on?



Well, I'm assuming a deal in China, as mentioned over at TheFly, helped to catalyze the bullish reaction by the market. In addition, our Analyst Calls piece highlights an upgrade that was sent the company's way. Are you ready to get on the IMAX bandwagon?

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Thoughts on IMAX originally appeared on BloggingStocks on Fri, 25 Mar 2011 17:30:00 EST. Please see our terms for use of feeds.

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