{"id":162585,"date":"2022-12-19T21:20:03","date_gmt":"2022-12-19T21:20:03","guid":{"rendered":"https:\/\/harchi90.com\/disney-shares-fall-after-avatar-opening-weekend-comes-in-soft\/"},"modified":"2022-12-19T21:20:03","modified_gmt":"2022-12-19T21:20:03","slug":"disney-shares-fall-after-avatar-opening-weekend-comes-in-soft","status":"publish","type":"post","link":"https:\/\/harchi90.com\/disney-shares-fall-after-avatar-opening-weekend-comes-in-soft\/","title":{"rendered":"Disney shares fall after &#8216;Avatar&#8217; opening weekend comes in soft"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107166096\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Avatar: The Way of Water<\/p>\n<p>Courtesy: Disney Co.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Shares of <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Disney<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>  dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron&#8217;s &#8220;Avatar: The Way of Water.&#8221;<\/p>\n<p>Disney shares closed down more than 4% at $85.78, after hitting a 52-week low.  The company has seen its stock fall more than 40% in the past year.<\/p>\n<p>Industry analysts pegged the long-awaited &#8220;Avatar&#8221; sequel as a box office winner for Disney and are viewing the holiday season as a make-or-break period for the film.<\/p>\n<p>The film notched $134 million at the domestic box office during its opening weekend, falling short of analyst expectations of $175 million and Disney&#8217;s own forecast of between $135 million and $150 million.<\/p>\n<p>Still, box office analysts aren&#8217;t concerned yet.  Internationally, &#8220;Way of Water&#8221; raked in $300.5 million, bringing its total opening weekend number to $434.5 million.  The original film, released in 2009, made just $77 million during its first weekend but went on to become the highest-grossing film of all time.<\/p>\n<p>In the backdrop, Disney has been facing challenges since the start of the pandemic, when movie theaters and theme parks were shut down for months.  The movie theater industry is still crawling back, with the exception of hits like <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\">Paramount Global<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>&#8216;s &#8220;Top Gun: Maverick.&#8221;  Disney theme-park goers have also been contending with rising prices.<\/p>\n<p>While Disney&#8217;s stock had risen during the pandemic when former CEO Bob Chapek helped weather the storm \u2014 reaching above $200 per share at one point in 2021 \u2014 it has since fallen.<\/p>\n<p>Chapek and Disney have faced scrutiny in recent months, particularly over the company&#8217;s performance.  During its most recent quarterly earnings report, Disney fell short of profit and key revenue segment expectations, with both its media and parks divisions missing estimates.  At the time, Chapek warned Disney&#8217;s streaming business may also see tapered growth in the future.<\/p>\n<p>Shortly after, Disney&#8217;s board ousted Chapek and reinstalled Bob Iger as CEO of the company.  Soon after being reinstated, Iger released some of Chapek&#8217;s top lieutenants and said the company would focus on a restructuring of its media division.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-107168447\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-107168447\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000278125\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron&#8217;s &#8220;Avatar: The Way of Water.&#8221; Disney shares closed down more than 4% at $85.78, after hitting a 52-week low. The company has seen its stock fall more than 40% in the &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/disney-shares-fall-after-avatar-opening-weekend-comes-in-soft\/\"> <span class=\"screen-reader-text\">Disney shares fall after &#8216;Avatar&#8217; opening weekend comes in soft<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[5],"tags":[329,330,109,1508,3229,327,6451,10831,325],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Disney shares fall after &#039;Avatar&#039; opening weekend comes in soft - harchi90<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiY2h0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjIvMTIvMTkvZGlzbmV5LXNoYXJlcy1mYWxsLWFmdGVyLWF2YXRhci1vcGVuaW5nLXdlZWtlbmQtY29tZXMtaW4tc29mdC0uaHRtbNIBZ2h0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDIyLzEyLzE5L2Rpc25leS1zaGFyZXMtZmFsbC1hZnRlci1hdmF0YXItb3BlbmluZy13ZWVrZW5kLWNvbWVzLWluLXNvZnQtLmh0bWw?oc=5\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disney shares fall after &#039;Avatar&#039; opening weekend comes in soft - harchi90\" \/>\n<meta property=\"og:description\" content=\"Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron&#8217;s &#8220;Avatar: The Way of Water.&#8221; Disney shares closed down more than 4% at $85.78, after hitting a 52-week low. 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Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron&#8217;s &#8220;Avatar: The Way of Water.&#8221; Disney shares closed down more than 4% at $85.78, after hitting a 52-week low. The company has seen its stock fall more than 40% in the &hellip; Disney shares fall after &#8216;Avatar&#8217; opening weekend comes in soft Read More &raquo;","og_url":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiY2h0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjIvMTIvMTkvZGlzbmV5LXNoYXJlcy1mYWxsLWFmdGVyLWF2YXRhci1vcGVuaW5nLXdlZWtlbmQtY29tZXMtaW4tc29mdC0uaHRtbNIBZ2h0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDIyLzEyLzE5L2Rpc25leS1zaGFyZXMtZmFsbC1hZnRlci1hdmF0YXItb3BlbmluZy13ZWVrZW5kLWNvbWVzLWluLXNvZnQtLmh0bWw?oc=5","og_site_name":"harchi90","article_published_time":"2022-12-19T21:20:03+00:00","og_image":[{"url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107166096-2190_0160_still_v01_7324a624.jpeg?v=1671478713&w=1920&h=1080"}],"author":"islamlacoste58","twitter_card":"summary_large_image","twitter_image":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107166096-2190_0160_still_v01_7324a624.jpeg?v=1671478713&w=1920&h=1080","twitter_misc":{"Written by":"islamlacoste58","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/harchi90.com\/disney-shares-fall-after-avatar-opening-weekend-comes-in-soft\/","url":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiY2h0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjIvMTIvMTkvZGlzbmV5LXNoYXJlcy1mYWxsLWFmdGVyLWF2YXRhci1vcGVuaW5nLXdlZWtlbmQtY29tZXMtaW4tc29mdC0uaHRtbNIBZ2h0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDIyLzEyLzE5L2Rpc25leS1zaGFyZXMtZmFsbC1hZnRlci1hdmF0YXItb3BlbmluZy13ZWVrZW5kLWNvbWVzLWluLXNvZnQtLmh0bWw?oc=5","name":"Disney shares fall after 'Avatar' opening weekend comes in soft - harchi90","isPartOf":{"@id":"https:\/\/harchi90.com\/#website"},"datePublished":"2022-12-19T21:20:03+00:00","dateModified":"2022-12-19T21:20:03+00:00","author":{"@id":"https:\/\/harchi90.com\/#\/schema\/person\/0689156e87fbe869f0e5efdeef200d5b"},"breadcrumb":{"@id":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiY2h0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjIvMTIvMTkvZGlzbmV5LXNoYXJlcy1mYWxsLWFmdGVyLWF2YXRhci1vcGVuaW5nLXdlZWtlbmQtY29tZXMtaW4tc29mdC0uaHRtbNIBZ2h0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDIyLzEyLzE5L2Rpc25leS1zaGFyZXMtZmFsbC1hZnRlci1hdmF0YXItb3BlbmluZy13ZWVrZW5kLWNvbWVzLWluLXNvZnQtLmh0bWw?oc=5#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiY2h0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjIvMTIvMTkvZGlzbmV5LXNoYXJlcy1mYWxsLWFmdGVyLWF2YXRhci1vcGVuaW5nLXdlZWtlbmQtY29tZXMtaW4tc29mdC0uaHRtbNIBZ2h0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDIyLzEyLzE5L2Rpc25leS1zaGFyZXMtZmFsbC1hZnRlci1hdmF0YXItb3BlbmluZy13ZWVrZW5kLWNvbWVzLWluLXNvZnQtLmh0bWw?oc=5"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiY2h0dHBzOi8vd3d3LmNuYmMuY29tLzIwMjIvMTIvMTkvZGlzbmV5LXNoYXJlcy1mYWxsLWFmdGVyLWF2YXRhci1vcGVuaW5nLXdlZWtlbmQtY29tZXMtaW4tc29mdC0uaHRtbNIBZ2h0dHBzOi8vd3d3LmNuYmMuY29tL2FtcC8yMDIyLzEyLzE5L2Rpc25leS1zaGFyZXMtZmFsbC1hZnRlci1hdmF0YXItb3BlbmluZy13ZWVrZW5kLWNvbWVzLWluLXNvZnQtLmh0bWw?oc=5#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/harchi90.com\/"},{"@type":"ListItem","position":2,"name":"Disney shares fall after &#8216;Avatar&#8217; 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disappointing debut irks Disney investors","date":"December 21, 2022","format":false,"excerpt":"Shares in Disney have dropped by nearly 5% in response to a disappointing debut for its highly anticipated \"Avatar\" sequel \"The Way of Water.\" Why it matters: Investors are looking to see whether Disney can increase profitability in its traditional businesses, like theaters and parks, as its streaming losses continue\u2026","rel":"","context":"In &quot;Entertainment&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162641,"url":"https:\/\/harchi90.com\/avatar-2-falls-short-of-box-office-predictions-with-134-million-domestic-debut\/","url_meta":{"origin":162585,"position":1},"title":"&#8216;Avatar 2&#8217; falls short of box office predictions with $134 million domestic debut","date":"December 19, 2022","format":false,"excerpt":"Cinemark president CEO Sean Gamble discusses the opening of 'Avatar: The Way of Water,' the long-awaited sequel to the world's highest-grossing film on 'The Claman Countdown.' \"Avatar: The Way of Water\" has dived below box office expectations after the film's opening weekend. The \"Avatar\" sequel earned $134 million from North\u2026","rel":"","context":"In &quot;Entertainment&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162983,"url":"https:\/\/harchi90.com\/disney-stock-on-its-way-to-worst-year-since-1974-after-avatar-sequel-disappoints\/","url_meta":{"origin":162585,"position":2},"title":"Disney stock on its way to worst year since 1974 after &#8216;Avatar&#8217; sequel disappoints","date":"December 20, 2022","format":false,"excerpt":"\u201cAvatar: The Way of Water\u201d couldn't reverse Walt Disney Co.'s recent funk, which has the stock on a path for its worst year since 1974. Disney shares DIS, -4.77% sank nearly 5% to their lowest level since March 2020 on Monday, after the blockbuster sequel and one of the priciest\u2026","rel":"","context":"In &quot;Entertainment&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162353,"url":"https:\/\/harchi90.com\/avatar-sequel-misses-estimates-but-theater-executives-not-concerned-moviegoers-are-waiting\/","url_meta":{"origin":162585,"position":3},"title":"&#8216;Avatar&#8217; sequel misses estimates but theater executives not concerned: &#8216;Moviegoers are waiting&#8217;","date":"December 19, 2022","format":false,"excerpt":"Disney's (DIS) \"Avatar: The Way of Water\" delivered director James Cameron his first $100-million opening weekend \u2014 but missed industry expectations of $170 million-plus.The much-anticipated sequel, which runs 3 hours and 12 minutes, secured roughly $134 million in domestic markets \u2014 tying with Warner Bros.' (WBD) \"The Batman\" as the\u2026","rel":"","context":"In &quot;Entertainment&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161567,"url":"https:\/\/harchi90.com\/avatar-2-box-office-opening-weekend\/","url_meta":{"origin":162585,"position":4},"title":"&#8216;Avatar 2&#8217; Box Office Opening Weekend","date":"December 18, 2022","format":false,"excerpt":"James Cameron's long-awaited sequel \u201cAvatar: The Way of Water\u201d collected $134 million in its North American box office debut, affirming the public's interest in Pandora and providing a needed boost to beleaguered movie theaters. Overseas, the sci-fi epic brought in $301 million, bringing its global tally to a sizeable $435\u2026","rel":"","context":"In &quot;Entertainment&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161595,"url":"https:\/\/harchi90.com\/134-million-just-misses-expectations\/","url_meta":{"origin":162585,"position":5},"title":"$134 million just misses expectations","date":"December 18, 2022","format":false,"excerpt":"Avatar: The Way of WaterCourtesy: Disney Co.James Cameron's \"Avatar: The Way of Water\" fell short of lofty box office expectations, but international ticket sales spark hope that the long-awaited sequel could still pull in a substantial global haul.The movie snared $134 million at the domestic box office during its opening\u2026","rel":"","context":"In &quot;Entertainment&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107166096-2190_0160_still_v01_7324a624.jpeg?v=1671478713&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/162585"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=162585"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/162585\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=162585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=162585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=162585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}