DreamWorks stock goes up and investors gain hope

by Whitney | March 26, 2013 8:38 pm

Despite recent financial difficulties resulting in the downsizing of employees, DreamWorks Animation’s stock rose after The Croods dominated the weekend box office. The Hollywood Reporter[1] gathers analysts’ reviews of the studios recent stock rise and Tony Wible of Janney Montgomery said, “The stronger open on The Croods should start to ease investor concerns about [DWA’s] ability to produce new franchises.” It was expected that DreamWorks would bounce back, considering the studio’s past accomplishments. DreamWorks has several new projects brewing including Turbo and sequels to How To Train Your Dragon and Kung Fu Panda.

Endnotes:
  1. The Hollywood Reporter: http://www.hollywoodreporter.com/node/430638

Source URL: https://animatedviews.com/2013/dreamworks-stock-goes-up-and-investors-gain-hope/