While the domestic box office launch for Warner Bros.'Tenethas widely been described as tepid, one analyst said he sees it as a good sign. "We actually view the results as encouraging and a positive indicator of demand given all of the COVID-19 headwinds," B.
Riley analyst Eric Wold wrote in a Monday report. The analyst echoed Warner Bros.' argument that it was a promising sign thatTenetthis weekend dropped just 29 percent from the $9.4 million earned during the Sept.
4-6 weekend, even though that isn't an apples-to-apples comparison sincethe film rolled over over the long Labor Day weekend and is now playing in 100 more theaters. "Acknowledging that it is not entirely apples-to-apples, we also feel the roughly 29 percent drop from last.
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