Barron's on MarketWatch: What the ‘Star Wars’ opening is doing to Disney’s stock
Only for box-office juggernaut Walt Disney is a $175.5 million opening weekend haul considered a flop. Add in international ticket sales and Star Wars: Episode IX—The Rise of Skywalker brought in a whopping $373.5 million from Dec. 20 to Dec. 22, according to Box Office Mojo. Comcast’s Universal’s Cats—which also opened last weekend—managed just $6.5 million in domestic ticket sales.
Yet Disney stock is down 1% on Monday, versus a 0.1% rise for the S&P 500 index and a 0.4% gain for the Dow Jones Industrial... Subscribe or Sign In to continue reading.
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