Pixar Gains on 'Monsters, Inc.' Success

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Shares of

Pixar

(PIXR)

were moving higher after the company's new movie,

Monsters, Inc.

, took in more than $60 million in revenue in its first weekend.

The movie was the top box office draw and posted record ticket sales for an animated debut. It was cofinanced and distributed by

Disney

(DIS) - Get Report

.

Pixar's shares moved 30 cents higher to $37 on Instinet.