Investors unimpressed by Hulk’s performance

June 16th, 2008 at 4:10 pm

Incredible Hulk Marvel Stock

The impressive ‘Iron Man’ opening last month caused Marvel Entertainment’s stock to jump over 10% to settle the Monday after release with a 7.5% gain. But the mediocre ‘The Incredible Hulk’ opening did quite the opposite. Marvel stock began the day with an expected drop of about 5% to quickly regain its loss during the morning. Still, it didn’t manage to end above the previous close of $36.11. Marvel Entertainment ended the day with $35.69, a 1.16% drop.

Now all this can be explained by how bearish Wall Street was on ‘Iron Man.’ Not much can impress after a $100 million opening by the underdog. Analysts expected the stock to jump mildly if ‘The Incredible Hulk’ performed above $60 million, which it obviously didn’t. And you have to keep in mind Marvel’s stock already climbed from $26 in April, to where it is today.

Now I’m not a stock expert by any means, but I’d say now is not the best time to buy Marvel Entertainment stock.

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More official: ‘Iron Man 2′ in 2010

May 5th, 2008 at 2:05 pm

Iron Man 2

The only thing we didn’t have was an official word from Marvel, but now we have it. ‘Iron Man 2′ has been confirmed for April 30, 2010. Jon Favreau and his crew already hinted at how they’d like to do a sequel. They said it in like every other interview last week. If it wasn’t for the possible actors’ strike, they might have already been working on it. But Marvel didn’t want to take any risks by setting the release date for next summer.

Marvel Entertainment stock jumped almost 10% as we expected, but settled to around 7.5% later in the day. This while the market was down overall, mostly caused by the failed Yahoo deal and concerns about mortgage lender Countrywide’s suitor backing out as well.

In 2006, Marvel Entertainment started raising $525 million to produce its own movies. Before that it was only licensing its characters, like ‘Spider-man’ to Sony. Their second film will be ‘The Incredible Hulk’ in June and the third will be the just announced ‘Iron Man’ sequel. Marvel also announced their fourth feature called ‘Thor,’ which is planned for June 4, 2010. They sure like their summer season.

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Buy DreamWorks stock before it’s too late!

April 30th, 2008 at 3:50 pm

DreamWorks Stock Green

After better than expected DreamWorks earnings yesterday, Wedbush Morgan has upped their advice for DreamWorks stock from ‘Hold’ to ‘Buy.’ After the earnings yesterday and the Wedbush Morgan statement earlier, the DreamWorks Animation stock jumped over 8.5%.

So it might actually be a little too late to buy them, since the jump already took place. But since the stock market is currently recovering and DreamWorks is looking at a bright future, it might not be such a bad investment after all.

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