×

Lionsgate Stock Falls on ‘Hunger Games: Mockingjay – Part 1’ Debut

Lionsgate’s stock dropped slightly Monday morning after “The Hunger Games: Mockingjay – Part 1” missed box office projections.

The third film in the hit franchise earned $123 million, the biggest debut of 2014 and the fifteenth largest opening of all time, but analysts had expected it to top $150 million and Lionsgate had predicted a kick-off of between $130 million to $150 million.

It also represents a low point for the series by a sizable margin. The first “Hunger Games” debuted to $152.5 million while the second chapter, “Catching Fire,” racked up $158.1 million in its initial weekend. Those films benefited from an Imax release, which contributed more than $10 million to their inaugural grosses. Imax has committed to showing “Interstellar” on its screens until “The Hobbit: The Battle of Five Armies” bows on Dec. 17, so it could not exhibit the latest “Hunger Games” sequel.

Mockingjay – Part 1” performed better overseas than it did domestically. The film opened to $152 million at the international box office, a 4% improvement on “Catching Fire’s” foreign debut.

Shares of Lionsgate were down between 1% to 3% Monday morning at various points, as the stock price veered in either direction. The studio’s stock began to dip on Friday when it became clear that “Mockingjay – Part 1” was not going to hit its target, falling 5% throughout the day. It continued to fall throughout pre-market trading on Monday before making up some lost ground after the New York Stock Exchange opened.

Because the franchise is so important to Lionsgate, serving as the catalyst for home entertainment, consumer products and other ancillary revenue, Wall Street keeps a close watch on the films’ performance. Lionsgate’s stock fell 10% after “Catching Fire” opened because some analysts had expected a larger opening number.

Popular on Variety

More Film

  • Good Boys Movie

    Box Office: 'Good Boys' Leads Crowded Weekend With $21 Million

    The Bean Bag Boys, the self-appointed nickname for the trio of best friends in Universal’s “Good Boys,” are conquering much more than sixth grade. They are also leading the domestic box office, exceeding expectations and collecting $21 million on opening weekend. “Good Boys,” which screened at 3,204 North American theaters, is a much-needed win for [...]

  • Amanda Awards

    ‘Out Stealing Horses’ Tops Norway’s 2019 Amanda Awards

    HAUGESUND, Norway —  Hans Petter Moland’s sweeping literary adaptation “Out Stealing Horses” put in a dominant showing at Norway’s Amanda Awards on Saturday night, placing first with a collected five awards, including best Norwegian film. Celebrating its 35th edition this year, the Norwegian industry’s top film prize helped kick off the Haugesund Film Festival and [...]

  • Editorial use onlyMandatory Credit: Photo by

    Richard Williams, 'Who Framed Roger Rabbit' Animator, Dies at 86

    Renowned animator Richard Williams, best known for his work on “Who Framed Roger Rabbit,” died Friday at his home in Bristol, England, Variety has confirmed. He was 86. Williams was a distinguished animator, director, producer, author and teacher whose work has garnered three Oscars and three BAFTA Awards. In addition to his groundbreaking work as [...]

  • Instinct

    Locarno Film Review: 'Instinct'

    Now that “Game of Thrones” has finally reached its conclusion, releasing its gifted international ensemble into the casting wilds, will Hollywood remember just what it has in Carice van Houten? It’s not that the statuesque Dutch thesp hasn’t been consistently employed since her startling 2006 breakout in Paul Verhoeven’s “Black Book,” or even that she’s [...]

  • Good Boys Movie

    Box Office: 'Good Boys' Eyes Best Original Comedy Opening of 2019

    Universal’s “Good Boys” is surpassing expectations as it heads toward an estimated $20.8 million opening weekend at the domestic box office following $8.3 million in Friday ticket sales. That’s well above earlier estimates which placed the film in the $12 million to $15 million range, marking the first R-rated comedy to open at No. 1 [...]

  • Pedro Costa’s 'Vitalina Varela' Wins at

    Pedro Costa’s 'Vitalina Varela' Triumphs at Locarno Film Festival

    The 72nd Locarno Film Festival drew to a close Saturday with Portuguese auteur Pedro Costa’s dark and detached film “Vitalina Varela” coming away with several awards together with superlatives from segments of the hardcore cinephile crowd, including jury president Catherine Breillat. In announcing the Golden Leopard prize for the film, as well as best actress [...]

  • Vitalina Varela

    Locarno Film Review: 'Vitalina Varela'

    Frequently beautiful compositions and the theatrical use of a fierce kind of artifice have long been the hallmarks of Portuguese auteur Pedro Costa, regarded by a small but influential group of aesthetes as one of the great filmmakers of our era. For those in tune with his vision, the director’s films offer an exciting lesson [...]

More From Our Brands

Access exclusive content