NEW YORK (TheStreet) -- Twenty-First Century Fox (FOXA) - Get Report shares are jumping by 2.69% to $26.70 on Tuesday afternoon, as the company's new Oscar-nominated movie "The Revenant" claimed the top spot at the box office this weekend.
The movie stars actor Leonardo DiCaprio and generated $116 million in U.S. and Canadian theaters, according to Rentrak Corp., Bloomberg reports.
Despite the impact of the blizzard on the East Coast hurting weekend totals for theaters, "The Revenant" still had a "fantastic weekend," Rentrak senior media analyst Paul Dergarabedian told Bloomberg.
So far, the film has garnered a dozen nominations including for lead actor and best picture.
Separately, TheStreet Ratings currently has a Hold rating on the stock with a letter grade of C+.
The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, weaknesses include unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: FOXA