Warner Bros. Stock Has Lagged Peers

The much-anticipated sequel to 2019’s box office hit Joker, has left producers with little to laugh about, after taking just $40 million at the domestic box office. The weekend’s haul missed forecasts for a $50-60 million opening — expectations that had been continually downgraded in the lead up to the movie’s release.

That’s less than half of what the original film managed ($96 million), despite costing triple what the first effort did, and it marks the latest misstep for Warner Bros. Discovery.

See the full article here.