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How much does domestic box office figure into a stock's price?
Posted by: The-EFNP on Feb 26, 22:55
Can someone give me a little more info on how stock prices are deteremined? I understand supply and demand, as well as adjusts, but take for example a movie like "Journey To The Center of the Earth" [JCNTR] that grossed $100 million domestically, but delisted at around $72 a share - why is that? Thanks!
Tag(s): JCNTR
How much does domestic box office figure into a stock's price? The-EFNP Feb 26, 22:55
A MovieStock that opens wide delists after 4 weekends. So JCNTR did 72m in 4 weeks, then an additional 30m after it was delisted. {nm} eyescovered Feb 27, 04:01
A wide release movie will delist after 4 weekends UnifexBee Feb 27, 04:02
sorry - too slow! {nm} UnifexBee Feb 27, 04:02
Delist is after 4 weekends of being wide released (12 for limited), but films keep earning after that window srrichardson Feb 27, 04:07
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