Reading B shares rise 20.11% intraday as company expands cinema operations in US, Australia, New Zealand and advances Philadelphia real estate project.

Reading B surged 20.11% intraday, driven by the company's disclosure of its cinema operations in the U.S., Australia, and New Zealand under brands like Reading Cinemas and Angelika Film Centers, as well as progress in real estate development, including the 6.5-acre Philadelphia Reading Bridge project.