Wall Street Retreat - Pixar's Box Office Impact
Wall Street Investors Retreat Despite Pixar's Box Office Success
Despite "Monsters, Inc." breaking animation opening weekend records, Pixar shares unexpectedly dropped nearly 5% on Monday. The market's counterintuitive response highlighted the cyclical nature of animation studio investments.
Prudential Securities analyst Katherine Styponias downgraded Pixar to "hold" from "buy,"...