Shares of Dreamworks Animation rally 12 %

Shares of Dreamworks Animation rally 12 %

DreamWorks

MUMBAI: Backed by its latest venture Puss in Boots’ $33 million intake at domestic cinema halls over the last weekend, shares of DreamWorks Animation soared 12 per cent. The intake denoted a miniscule drop from the $34.1 million the film scored in its opening weekend.

The box-office result was a welcome reverse to last Monday‘s 8 per cent climb down when the film was considered a disappointment but now that it‘s considered a bona fide hit, the shares of the company rallied by $2.08 on Monday to $19.57.

Worldwide, the film generated $115 million at the box office till yet.