Lionsgate stock hits 4-month low after activist investor pushes AI agenda

Lionsgate shares closed at $11.73 on Wednesday, their lowest level in four months, after an activist investor publicly pushed for a stronger AI strategy at the studio. The stock fell 1% on Wednesday on above-average volume, following a 4% drop on Tuesday when news of the activist's agenda first emerged. Despite recent losses, the stock remains up year-to-date.