Tuesday, November 8, 2011

'Puss in Boots' Box Office Boosts DreamWorks Animation Shares

Traders and Wall Street experts are returning to Puss in Boots, plus they like the things they see.our editor recommendsBox Office Report: Holdover 'Puss in Boots' Wins in Shocking Upset over Brett Ratner's 'Tower Heist''Puss in Boots': The way it Won the Weekend Box Office, But Disappointed Wall StreetPuss in Boots: Film Review On Monday, shares of DreamWorks Animation jumped 12 % because its latest film introduced in $33 million at domestic theaters over the past weekend, a tiny drop in the $34.a million it obtained in the opening weekend. PHOTO: 'Puss in Boots' Premiere The play the stock would be a welcome reverse to last Monday's 8 percent decline when Puss in Boots was considered a disappointment. Since it's considered a genuine hit, the shares rallied $2.08 on Monday to $19.57. Worldwide, the Shrek spinoff has produced $115 million in box office to date, which impressed experts, writers and film testers alike, given its relatively soft opening. PHOTOS: 10 Wrongly Sexy Cartoon Figures "Having a nearly unparalleled hold, Puss In Boots easily stated to begin with for that second straight weekend," Ray Subers authored at Boxofficemojo. "For traders which were concerned that Puss in Boots would prove a flop for DreamWorks, the weekend's box office amounts are most likely a relief," authored Matt Koppenheffer in the Motley Fool. "These amounts suggest the Shrek franchise can always possess some juice left." Related Subjects DreamWorks Animation Shrek Puss in Boots

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