Lobo shares surge 22.01% intraday as Jason Momoa officially cast as Lobo in DCU.

Lobo surged 22.01% intraday following news that Jason Momoa was officially cast as the intergalactic bounty hunter Lobo in James Gunn’s DC Universe. The casting, confirmed by Momoa via social media and supported by prior rumors, aligns with the actor’s long-standing interest in the character and signals a major step in the DC Studios’ cinematic strategy. While unrelated news about a Muay Thai event involving fighter Julio Lobo and a flood in the Philippines were noted, they did not align with the stock’s sharp intraday gain. The announcement of Momoa’s role, coupled with development rumors of the Lobo film, directly drove investor sentiment.