Lions Gate Entertainment (NYSE:LGF) shares increased to 6.3% to $14.04 in afternoon trading today as investors look ahead to the release of their suspected smash-hit The Hunger Games. The film, based off the best-selling novel, is being predicted to take $100 million or more domestically in its opening weekend.The prospect of a new huge franchise is also good news for Lions Gate. This can be attributed to the most popular series currently, The Twilight Saga. The most recent film in the franchise grossed $138.1 million domestically, a number many analysts are saying the Hunger Games will surpass. Lions Gate Entertainment is currently above its 50-day moving average (MA) of $11.40 and above its 200-day of $8.36.
