The movie theater industry suffered greatly during the pandemic. The total 2019 domestic box office was approximately $11.4 billion and it plummeted about 80% in 2020, only bringing in $2.2 billion, and in 2021 it only rebounded somewhat, bringing in $4.4 billion.
As Covid-19 cases continue to fall, 2022 is looking promising for the movie theater industry. This past weekend “The Batman” was released and it had a huge opening weekend, bringing in $134 million at the box office. With a number of big movies scheduled to be released this year, such as "Jurassic World: Dominion," Doctor Strange in the Multiverse of Madness," and "Avatar 2," investors have high hopes for movie theater stocks.
