The follow-up to Todd Phillips' 2019 'Joker' opened to a muted $40 million, less than half of its predecessor's record-breaking $96.2 million debut.
Mixed reviews and a steep decline in its Rotten Tomatoes score—from 63% at Venice to 33% by opening weekend—contributed to its disappointing box office performance.
Audience reactions were grim, with the film receiving a D CinemaScore and just half a star out of five in exit polls from PostTrak.
Industry analysts cite the high production budget as a significant issue, as the movie needed to perform significantly better to break even.
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