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Twenty-First Century Fox (FOXA) Stock Drops, 'Fantastic Four' Misses Expectations

NEW YORK (TheStreet) -- Twenty-First Century Fox (FOXA - Get Report) stock is declining 0.55% to $30.52 on Monday as its major comic book superhero movie "Fantastic Four" fell short of expectations at the box office in its opening weekend, The Wall Street Journal reports.

The film earned $26.2 million this past weekend, while analysts had forecast the film to bring in about $40 million, The Journal noted.

"Fantastic Four" cost about $120 million to make, The Journal added.

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On top of getting negative reviews from film critics, the movie ranked second, coming in after Viacom's (VIAB) Paramount's "Mission: Impossible--Rogue Nation," which grossed about $29.4 million in U.S. and Canada this weekend. "Mission Impossible" has been in the top spot for two weekends in a row.

Based in New York, Twenty-First Century Fox operates as a diversified media and entertainment company...


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