‘Jungle Cruise’ Debut a Boon for Disney+. What That Means for Cinema Stocks.

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‘Jungle Cruise’ Debut a Boon for Disney+. What That Means for Cinema Stocks.

Barrons2021-08-03

Jungle Cruise led this weekend’s box office despite also debuting on Disney+ for a premium fee. Movie theater stocks were mixed following the latest sign of box office stability despite concerns about...

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TKLY
·2021-08-03
Oh yeah..
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- Xanpai:
  Nice
  2021-08-03
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Alvinlimsg
·2021-08-03
Hi
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2
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mrzhuge
·2021-08-03
Nice
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2
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Thomas9413
·2021-08-03
Lastest
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- AetherC:
  ?
  2021-08-03
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JunLong
·2021-08-03
Comment and like pls
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3
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Khoogl
·2021-08-03
Wow
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Tjs
·2021-08-03
Good read
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- Khoogl:
  great
  2021-08-03
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Xyzzzz
·2021-08-03
Wow
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4
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AG84CL
·2021-08-03
Good
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- MaxNZH:
  Like & comment back Pls
  2021-08-03
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weichuenlim
·2021-08-03
Like
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Jasonlok
·2021-08-03
Bad
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- Godddy:
  good
  2021-08-03
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- Jasonlok:
  Ok
  2021-08-03
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rhengheng
·2021-08-03
New norms
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- Guardian_J:
  Great
  2021-08-03
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Trooper
·2021-08-03
ok
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- YenChing:
  O
  2021-08-03
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- Tjs:
  ok
  2021-08-03
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Movie theater stocks were mixed following the latest sign of box office stability despite concerns about...</p>\n\n<a href=\"https://www.barrons.com/articles/what-jungle-cruise-debut-disney+-means-for-cinema-stocks-51627923248?mod=hp_DAY_0\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIS","symbol_name":"迪士尼","start_time":0,"source_url":"https://www.barrons.com/articles/what-jungle-cruise-debut-disney+-means-for-cinema-stocks-51627923248?mod=hp_DAY_0","article_id":"1186825262","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186825262","pubTimestamp":1627969924,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Jungle Cruise led this weekend’s box office despite also debuting on Disney+ for a premium fee. 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The outlet noted that’s roughly in line with another Johnson film,Rampage, which grossed $35.7 million during its opening weekend in 2018.\nDisney stock was up 0.3% to $176.58 around noon on Monday. Shares ofImax(IMAX) were down 0.4% to $16.08, while Cinemarkstock (CNK) was up 0.6% to $15.63. Shares of AMC Entertainment Holdings(AMC) were down 2.9%; unlike its cinema peers, AMC is a meme stock that trades more in line with short seller activity, options volume, and momentum trading quirks than fundamental factors.\nRising Covid-19 cases in the U.S. and the decision to release the movie on Disney+ for a fee are among the concerns for movie theater stocks, but the domestic debut forJungle Cruisewas at the upper end of expectations, according to Colliers Securities analyst Steven Frankel.\nFrankel covers Imax with a Buy rating and $22 target price. 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