A Blockbuster Weekend
Between “Barbenheimer weekend” and the AMC court decision, it was a busy day for movie theater stocks. Let’s recap. 👇
First, Warner Bros. said “Barbie” logged the highest opening of 2023 with $155 million in sales during its first three days in theaters. Universal’s “Oppenheimer” snagged $82.4 million during its debut, bringing what’s likely to be the highest-grossing weekend of the year to a total of $237.4 million in domestic sales.