Sirius XM - Shares of the audio entertainment company slid 14% after Deutsche Bank downgraded the stock to sell from neutral, citing its valuation after the share price doubled over the past month.Riley analyst Eric Wold said the over-indexing of IMAX screens in movie theatres coming out of the pandemic reflects improving consumer demand toward the format. IMAX - The entertainment technology company jumped about 6% as Universal's "Oppenheimer" drove moviegoers to IMAX screens. Separately, AMC said it saw its biggest attendance and admissions revenue in a single weekend since 2019, nodding to the hype around the " Barbenheimer" phenomenon. On Friday, a judge blocked a proposed settlement on the company's stock conversion plan, which would have allowed the company to issue more shares to allow it to pay down some of its debt.
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