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Movie Theaters Top Stocks On Newly Buoyant Box Office; Investors Tepid On Discovery Despite New Name

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deadline.com

Exhibition ruled the stock market today after a long holiday weekend saw Paramount’s A Quiet Place Part II crush it, earning $57 million over four days.

That’s not far from the $60 million that the John Krasinski-directed sequel was anticipated to do in its 3-day opening pre-pandemic, according to my colleague Anthony D’Alessandro.Shares of Paramount parent ViacomCBS mostly shrugged off the upbeat news, firming 0.42% at close.

That was in line with a flat market today where indexes were little changed — the DJIA was up a hair, the S&P 500 and Nasdaq barely lower.But exhibition left the broader market trailing in the popcorn.

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