Lionsgate Stock Falls To 4-Month Low After Activist Investor Pushes AI Agenda

Shares in Lionsgate extended their losses Wednesday after an activist investor expressed restlessness with the company’s stance on AI. On above-average trading volume, the stock ended the day at $11.73, down 1% to its lowest level since April. It fell 4% on Tuesday when news of the activist’s agenda first surfaced. The

Anson Funds wrote a letter to the 'Michael' studio's board of directors calling for an AI pivot or "for sale" sign to avoid becoming an “AI casualty.”