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IMAX Soars on Nolan’s Odyssey | Durham News
Description
IMAX just shattered its own record, hitting a $50 stock high fueled by Christopher Nolan’s blockbuster “The Odyssey,” which alone brought in $221 million in July—its biggest month ever. The film’s IMAX-only format, combined with the company’s lucrative licensing model and limited screen availability, turned Nolan into their golden ticket. With a stacked lineup of major releases like “Spider-Man: Brand New Day” and “Dune: Part Three” ahead, CEO optimism is high—but investors are watching closely as the stock trades at a premium, and a buyout remains a looming possibility.
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