Can 'Catching Fire' Still Reach $1 Billion?
On Monday, shares of Lionsgate plunged more than 5% after its $130 million sequel in The Hunger Games: Catching Fire suffered through an unexpectedly weak $27 million third-weekend haul at the domestic box office.
Even so, Catching Fire has still earned roughly $673 million in global ticket sales just four weeks following its international launch -- or just short of the $691 million earned over the full 24 weeks by its predecessor last year -- so it certainly won't be a financial failure for Lionsgate.
But even with plenty of time left in its theatrical run, The Fool's Steve Symington explains in the following video why he's afraid Catching Fire may not be able to reach the fabled $1 billion mark for which he hoped just prior to its debut. Check out the video below to get Steve's full take, then let us know whether you think $1 billion is still in the cards for Catching Fire.
There's more where that came from
But don't forget Lionsgate is also set to benefit after the curtains roll.
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The article Can 'Catching Fire' Still Reach $1 Billion? originally appeared on Fool.com.Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool recommends Walt Disney. The Motley Fool owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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