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Shares of Marvel Entertainment(MVL) surged to new 52-week highs Monday after the company once again beat earnings estimates and reported a very strong opening weekend for its Iron Man film.
Marvel's first-quarter earnings beat estimates by 15 cents a share, and the company has now surpassed estimates in nine of its last 10 quarters. Meanwhile, Iron Man proved to be a blockbuster at the box office, grossing $100 million in the U.S. in its first weekend. This is the second-best debut ever for a non-sequel film (second only to Marvel's first Spider-Man movie), Marvel said in a release.Marvel Needs 'Iron Man' to Do Some Heavy Lifting |
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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