"Odyssey" debuted at the box office and IMAX's stock price soared 4%
Christopher Nolan's "The Odyssey" grossed $264.1 million at the global box office, outperforming his hit film "Oppenheimer" at the box office. The entire film was shot in IMAX 70mm film format, and its high popularity drove a large number of audiences to go to IMAX theaters to watch the film. The market demand for movie viewing is extremely strong. Many theaters urgently opened additional midnight shows, and all new shows were sold out. The surge helped IMAX achieve its highest global weekend box office revenue in the company's history. IMAX officially disclosed that the film's box office revenue in its own theaters reached 52 million U.S. dollars, accounting for 20% of the film's total global premiere box office. Boosted by this impressive performance, IMAX stock rose by more than 4% in early trading.