IMAX is trading at $48.00, down 9.59%, in pre-market amid broader risk-off trading; no clear company-specific announcement explaining the decline was identified. - The price compares with IMAX’s October 21 close of $53.09. - U.S. futures and global shares fell as renewed Strait of Hormuz concerns pushed oil prices higher, weighing on investor sentiment. - The S&P 500 and Nasdaq were down more than 0.5%, reflecting broader market pressure; this context does not confirm the cause of IMAX’s move.