^ ugh, it's growing old explaining this, but if you'll remember the circumstances surrounding its poor box office performance were complicated with the pandemic and a simultaneous release to streaming (plus Spiderman-rehash-cash-grab-with-multiverse-fan-pandering was dominating the box office. And yes, that's a catchier title than those terrible 3 titles that all sound the same).
Perhaps the streaming numbers were good... but whatever the case, the studio still thinks they have a potentially profitable IP.