Starz Shares See Friday Jump With Margin Bets and Wall Street’s Mixed Calls
Starz shares closed at $22.27 Friday, up 2.58%, but ended the week down 3.7% after volatile trading. The company’s market value stood near $374 million as U.S. markets head into the Memorial Day break. Starz reported a first-quarter operating loss of $152.8 million on $306.9 million revenue after its split from Lionsgate. Analyst targets for the stock range widely, reflecting uncertainty over its streaming strategy and cash flow.
