Disney Stock Drops Due to Underperforming ‘Avatar’ Opening Weekend

Disney shares dropped, hitting a 52-week low after James Cameron’s “Avatar: The Way of Water” fell short of box office expectations over the weekend.

At this time shares of Disney are trading at 85 per share which is down $10 from last week.

‘James Cameron’s ‘Avatar: The Way of Water launched in theaters this past weekend, earning a little under $135 Million domestically, with global earnings estimated at around $435 Million.

While Disney’s stock had risen during the pandemic when former CEO Bob Chapek helped weather the storm — reaching above $200 per share at one point in 2021 — it has since fallen according to CNBC.

Did you see Avatar: The Way of Water this past weekend? You can read our official spoiler-free review here.

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Chip 13,262 Posts

Chip is the owner, editor, and writer of Chip and Company. When he is not writing about Disney News or Planning Tips, you will find him counting down the days to his next Disney Vacation.

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