Lionsgate Studios Sees Boost from Royal Bank of Canada Investment
Royal Bank of Canada significantly increased its holdings in Lionsgate Studios Corp. (NYSE:LION) in the first quarter, acquiring an additional 718,527 shares for approximately $10.7 million.
The bank now owns about 0.38% of the company's stock, valued at around $10.7 million.
This is not an isolated case; several institutional investors also increased their stakes in LION during this period.