'Avatar' sequel rings up $17 million in U.S. debut night

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Walt Disney (DIS) shares slide as Avatar sequel falls short of opening weekend estimates

December 19, 2022 11:39 AM EST

Walt Disney (NYSE: DIS) shares dipped Monday, currently down more than 3.5% after its Avatar sequel "The Way of Water" opened with ticket sales shy of lofty predictions.

The film took in $134 million at its domestic box office opening weekend, falling short of the $175 million industry analysts had predicted, while it was also just below the $135 million to $150 million range forecasted by... More