Will the Dark Knight Bring Light to TWX?
With the next Batman installment set for release tonight at midnight, will The Dark Knight help lift Time Warner's stock? Industry experts are projecting that the film will yield over $100 million in its opening weekend lifting it to one of the top 10 openings of all time.
According to IMDB, its predecessor, Batman Begins, brought in a respectable $48.7 million on its opening weekend in 2005. With additional hype and this being Academy Award Nominee Heath Ledger's final film before his untimely death, expectations are high.
Here are the top 10 opening weekends of all time and how the studios share prices performed the following market trading day. Returns are mixed. News Corp , had the best bounce after the release of Star Wars: Episode III - Revenge of the Sith.
The biggest winner from these blockbusters has actually been Marvel Entertainment which jumped over 9% after the release of Iron Man earlier this year.