Reading B shares surge 18.75% intraday as company expands cinema operations in US, Australia, New Zealand and reports real estate progress on 6.5-acre Philadelphia Reading Bridge project.

Reading B surged 18.75% intraday trading, driven by the company's announcement of cinema operations in the U.S., Australia, and New Zealand under brands like Reading Cinemas and Angelika Film Centers, as well as progress on real estate development, including the 6.5-acre Reading Bridge project in Philadelphia.