‘Wish’ falls behind ‘Hunger Games’ prequel and ‘Napoleon’ in disappointing Thanksgiving weekend

  • AMC shares continue to decline after disappointing box-office performance of Disney’s ‘Wish’
  • AMC stock has plummeted 81% this year, its worst performance in a decade
  • Disney’s ‘Wish’ opened with weak box-office numbers, finishing third behind ‘Hunger Games’ prequel and Ridley Scott’s ‘Napoleon’
  • Overall ticket sales during Thanksgiving weekend fell short of pre-pandemic levels

AMC Entertainment Holdings Inc. is facing a significant decline in its stock as Disney’s latest animated adventure, ‘Wish,’ fails to meet box-office expectations. The film opened with weak numbers, finishing third behind Lionsgate’s ‘Hunger Games’ prequel and Ridley Scott’s ‘Napoleon.’ This disappointing performance adds to AMC’s already dismal year, with its stock plummeting 81%. Overall ticket sales during the Thanksgiving weekend also fell short of pre-pandemic levels, further impacting the movie industry. Despite an increase in sales compared to recent years, the total still lags behind previous Thanksgiving weekends, such as the record-breaking $315.6 million in 2018.

Public Companies: AMC Entertainment Holdings Inc. (AMC), Walt Disney Co. (DIS), Lionsgate (undefined)
Private Companies:
Key People:

Track all markets on TradingView

Factuality Level: 7
Justification: The article provides information about the disappointing box-office performance of Disney’s ‘Wish’ and the impact on AMC Entertainment Holdings Inc. It includes data from Dow Jones Market Data and Comscore to support its claims. However, it lacks in-depth analysis and context about the overall movie industry and the impact of the pandemic on box-office sales.

Noise Level: 3
Justification: The article provides some relevant information about the disappointing box-office performance of AMC Entertainment Holdings Inc. and the impact of Disney’s newest animated adventure. However, it lacks in-depth analysis, evidence, and actionable insights. It also includes filler content such as a feature powered by text-to-speech technology and a request for feedback.

Financial Relevance: Yes
Financial Markets Impacted: The article pertains to the financial performance of Walt Disney Co. and AMC Entertainment Holdings Inc.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses the disappointing box-office performance of Disney’s newest animated adventure and the negative impact it has had on AMC Entertainment Holdings Inc.’s stock. However, there is no mention of any extreme events or their impact.

Reported publicly: www.marketwatch.com