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Dragons 2 not good enough for DreamWorks Animation

  • A weekend box office take on How To Train Your Dragon 2 which fell below expectations prompts some frenzied selling in DreamWorks Animation (DWA -12.2%).
  • Though the $50M box was relatively strong and beat the haul from Dragons 1, expectations were running high that the studio would shake off its slump with Dragons 2 in a resounding way.
  • During the weekend, Dragons 2 was beat out by 22 Jump Street.
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Comments (4)
  • DeepValueLover
    , contributor
    Comments (8611) | Send Message
     
    Quickly moving into bargain territory again...strong buy.
    16 Jun, 01:17 PM Reply Like
  • James Bjorkman
    , contributor
    Comments (668) | Send Message
     
    "Dragon" easily won the weekend and is doing great for DreamWorks. Oh, and Hollywood's biggest box office star remains: Tom Cruise.

     

    How can I say these outlandish things? Hint: foreign box office.
    16 Jun, 02:02 PM Reply Like
  • U2A Ventures
    , contributor
    Comments (174) | Send Message
     
    Seems like a big drop for pretty decent news actually. I dont follow this sector or DWA much, not sure if this is a buy on the dip, but it might be a bargain.
    16 Jun, 02:33 PM Reply Like
  • klovelace69
    , contributor
    Comment (1) | Send Message
     
    word of mouth, world class distribution and partnerships, and the largest multi-channel original content ever released world wide. Don't the chinese love dragons?

     

    the dream tab will both capture and retain the target demographic

     

    Dreamworks will fordge entertainment and education for our children and our future
    20 Jun, 03:47 AM Reply Like
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