Shares of Lionsgate Entertainment fell 5 percent on Friday, the day after The Hunger Games: Mockingjay — Part 1 opened domestically, because some observers speculated that its box-office haul would underperform to expectations, even if it opens bigger than any other movie this year. The third film in the massive Hunger Games franchise opened at 8 p.m. Thursday in the U.S. — as well as in 70 foreign markets — and took in $17 million domestically, which is 33 percent less than the previous installment generated when it opened on a Thursday last year. Wall Street analyst Eric Wold of B. Riley & Co. said Friday that he wouldn’t be surprised if Mockingjay came in at less than $150 million because of bad weather in some parts on the East Coast and a lack of Imax screens showing the film.
Video · Lionsgate Shares Drop on Fears Latest 'Hunger Games' Will Open Short of $150 Million
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