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Why Cinedigm Stock Jumped 29% at the Open Today

Reuben Gregg Brewer, The Motley Fool
·2 min read
Why Cinedigm Stock Jumped 29% at the Open Today
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Shares of Cinedigm (NASDAQ: CIDM) rose a quick 29% on April 14. Cinedigm's historical business is tied to the movie theater space. According to the most recent update, which looks at March data, material progress has been made in this new business line.