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‘Lilo & Stitch’ blows past ‘Mission: Impossible’ in blockbuster holiday weekend - MarketWatch

1. Disney's 'Lilo & Stitch' earned $145.5 million in its opening weekend. 2. It's the second biggest domestic opening of the year after 'A Minecraft Movie'. 3. The film is a remake of a 2002 classic and exceeded expectations. 4. Despite mixed critical reviews, audience interest increased for family-oriented films. 5. Overall box office for Memorial Day weekend reached approximately $325 million.

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FAQ

Why Bullish?

Strong opening weekend reflects Disney's ongoing success with family films. Historical trends show that strong box office performance can positively influence stock prices.

How important is it?

The strong performance of 'Lilo & Stitch' supports Disney's revenue stream, indicating potential growth in stocks. Family films are trending positively in the current market.

Why Short Term?

Box office momentum can lead to immediate stock price reactions, similar to the impacts observed with earlier successful releases.

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