Shares of IMAX (IMAX +5.5%) run up a gain on heavy volume a day after Credit Suisse initiates...

|About: IMAX Corporation (IMAX)|By:, SA News Editor

Shares of IMAX (IMAX +5.5%) run up a gain on heavy volume a day after Credit Suisse initiates the name with an Outperform rating and $28 price target. Increasingly tagged as a China play with the nation devouring the IMAX large-screen format, the company is starting to see its grand plans for expansion in China affect the broader film industry. The movie script for the remake of Red Dawn was altered so that the protagonists were North Korean - instead of Chinese - with censorship boards in mind.