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Lionsgate stock plummets after 'Mockingjay 2' drives disappointing earnings

Lionsgate stock plummets after 'Mockingjay 2' drives disappointing earnings

 Lionsgate shares plummeted Friday after the movie and television studio reported worse-than-expected third-quarter earnings, due partly to disappointing profits from the final “Hunger Games” movie.

The Santa Monica entertainment company's shares fell $6.92, or 27%, to $18.53 in trading on Wall Street, its steepest decline since the company went public in 1998, according to FactSet.

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Investors were rattled by the company’s latest financial results. Lionsgate on Thursday said its adjusted profit was...

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