'The Marvels' Posts Lowest Opening Weekend Gross In Disney's MCU History: Report
Portfolio Pulse from Benzinga Neuro
The Marvels, the latest film from The Walt Disney Company's (NYSE:DIS) Marvel Cinematic Universe, had a disappointing opening weekend, grossing only $47M domestically and $110M globally against a projected $140M. This marks the lowest opening for a Marvel Studios' movie. Despite the setback, Marvel Studios remains optimistic about future projects.
November 13, 2023 | 5:21 am
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NEGATIVE IMPACT
The Walt Disney Company's latest MCU film, The Marvels, underperformed at the box office during its opening weekend, which could potentially impact investor sentiment and Disney's stock price in the short term.
The Marvels' low box office performance is directly tied to Disney's revenue from its film division, which is a significant part of its business. Given the high expectations set by previous Marvel films, this underperformance could lead to negative investor sentiment and a potential short-term dip in Disney's stock price. However, the long-term impact may be mitigated by Disney's diverse entertainment portfolio and upcoming projects.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100