Why it’s up 13.27% today

- Pixelworks, Inc. (NASDAQ: PXLW) stock price rose 13.27% today. That is why.
Pixelworks, Inc. (NASDAQ: PXLW) – the developer of the award-winning TrueCut Motion platform – stock price rose 13.27% today. Investors are reacting positively to Pixelworks announcing that it is working with James Cameron’s Lightstorm Entertainment on several cinematic titles.
TrueCut Motion technology gives filmmakers a visual palette of cinematic motion. And while motion pictures have seen huge improvements in picture performance, with higher resolution, higher dynamic range and more colors, the look of motion has remained unchanged for almost a hundred years. TrueCut Motion technology allows filmmakers to compose motion, with any source frame rate, shot by shot, in post-production. The TrueCut Motion platform then ensures that those creative choices are delivered consistently across all screens, whether in the theater or at home.
KEY QUOTES:
“We are bringing AVATAR and TITANIC back to the big screen, looking better in every way. We will present both films in 4K with high dynamic range visuals and have worked with Pixelworks’ TrueCut Motion platform to remaster the films at a high frame rate, while retaining the cinematic look of the original.
-James Cameron
“Lightstorm is once again pushing the boundaries of the cinematic experience, and we’re thrilled to be a part of it. After experiencing these remastered versions of AVATAR and TITANIC, we think more and more filmmakers will be excited to enjoy motion grading with TrueCut Motion technology.
— Richard Miller, General Manager of TrueCut at Pixelworks
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.