$IMAX could go bonkers.

Submitted by VizzleG t3_z3b4v5 in wallstreetbets

In DEC ‘09 IMAX shares tripled in a short period after the release of Avatar on just 300 screens. On DEC 16th this year Avatar 2 will be released on 1,700 screens globally. This includes almost 800 screens in China, where they haven’t released a Hollywood blockbuster since 2019! DYODD.

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polloponzi t1_ixkx81x wrote

>This includes almost 800 screens in China, where they haven’t released a Hollywood blockbuster since 2019!

Sure, Of course that Chinese people in lock-downs because of their never ending Covid will rally to see a film on the theaters. Good bet.

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Coffee420247 t1_ixl1ejk wrote

It also releases the day after the next FED rate hike announcement. That could be a very Volatile 48 hours.

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VisualMod t1_ixkwker wrote

>DYODD indeed. I'm sure Avatar 2 will be a huge success and make a lot of money for those who invest in IMAX stock.

8

VYusri t1_ixlfuf8 wrote

The fact that yesterday their covid case spikes to an all-time high just like back in April makes this seems very much unlikely.

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1

Other-Bumblebee2769 t1_ixnu5sq wrote

Avatar1 sold more sold out shows in Imax than any other movie ever. Avatar 2 probably won't do half the business, and the theatres have created their own large format theatres(big D, XD etc.)that will eat into their market share.... just a thought.

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riazrahman t1_ixl00sk wrote

Those screens make avatar look avatarded

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