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IMAX shares hit record high as "The Odyssey" breaks box office records, fueling strong growth and global expansion.

Market News
24 Aug 2026
Forbes
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Bullish
IMAX shares hit record high as "The Odyssey" breaks box office records, fueling strong growth and global expansion.

IMAX shares surged to a record high following the blockbuster success of "The Odyssey," which grossed $400 million at IMAX locations, surpassing the previous record set by "Avatar." CEO Rich Gelfond called it an "IMAX awakening," as audiences increasingly prefer the immersive IMAX experience. The company expects continued growth from the film's international rollout, including China, and upcoming releases like "Dune: Part Three." IMAX also expanded its global theater count by 38 in Q2, supporting its strong financial outlook despite a recent dip in China revenue earlier this year. Overall, IMAX's business momentum looks promising with new blockbuster films and theater expansions driving future revenue.

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Sika reports 4.8% sales growth in nine months and confirms 2026 guidance amid strong market gains and acquisitions.

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Sika AG posted a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite currency headwinds. The company saw organic growth of 3.5% and improved material margins to 55.4%, with EBITDA rising 1.9% t...

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Aduro Clean Technologies to present advances and engage investors at five key industry conferences through end of 2026

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$1.28B Bitcoin options expire Friday with $80K support; Ether options also set to expire.

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About 16,000 Bitcoin options contracts worth $1.28 billion are set to expire on Friday, Oct. 23, with a max-pain price level at $82,000. Bitcoin's $80,000 price remains a key support amid a broader market trading near bear market lows. Additionally, ...

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Neutral
4 hours ago
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