VIACA - Theater stocks jump as 'Shang-Chi' smashes Labor Day records

Cinema stocks are rolling today after the latest Marvel superhero film shook up a traditionally slow weekend at theaters. Shang-Chi and the Legend of the Ten Rings (DIS -0.1%) broke Labor Day records, drawing $75.5 million over three days and $90 million domestically for the four-day holiday period. The film had been tabbed with high expectations for a $45 million-$50 million opening, but Thursday previews pointed to enthusiasm for more. And the $75.5 million three-day total is second only to fellow Marvel film Black Widow ($80 million) in the pandemic era, passing F9's (CMCSA -1.4%) $70 million and A Quiet Place Part II's (VIAC +0.6%, VIACA +0.9%) $48 million. Shang-Chi added another $56.2 million internationally to mark a first-weekend worldwide gross of $146.2 million. Looking at the four-day domestic total, it took oxygen from Free Guy (DIS -0.1%), with $11.2 million; Candyman (CMCSA -1.4%/OTC:MGMB), with $10.6 million; Jungle Cruise (DIS

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Theater stocks jump as 'Shang-Chi' smashes Labor Day records