Stock Alert: Lions Gate Entertainment Down 8%

(RTTNews) - Shares of American-Canadian company Lions Gate Entertainment Corp. (LGF-A) are trading 8 percent down on Wednesday despite there being no company announcement or any other news to affect the stock movement.

The company will report its first-quarter earnings on May 20. On average, 6 analysts polled by Thomson Reuters expect the company to report earnings of $0.33 per share in the quarter.

Ten analysts expect the company to report revenues of $809 million during the first quarter.

The stock was trading at $14.51, down $1.34 or 8% on the NYSE.

The company's shares have traded between $6.56 and $19.68 during the past 52-weeks.