Some Wall Street players have described Lionsgate as a high wire act compared with the more stolid studios. Going into the fall its stock was wilting, its senior management was shifting and its 12-feature fourth quarter release schedule seemed both overambitious and oddly eclectic.
The wind has now shifted. Shares are up 30% from a month ago, the company has a leading Oscar contender in La La Land and its $4.4 billion acquisition of Starz has closed, underscoring…
