Despite the film's critical drubbing and commercial failure at the box-office the picture was still able to garner an Oscar nomination which was for Jane Fonda for the Best Actress Academy Award but Fonda lost out to Marlee Matlin for Children of a Lesser God (1986).
This 1986 picture was the second consecutive suspense-thriller movie in back-to-back years for actor Jeff Bridges who had the previous year in 1985 starred in the suspenser-movie Jagged Edge (1985) with Glenn Close. Both motion pictures feature a knife or dagger as the murder weapon and in both films there was doubt whether the central female character should trust Bridges' character.
Jane Fonda's performance and characterization as Alex Sternbergen in this film was often likened and compared to her performance and characterization of Bree Daniels in her earlier classic movie Klute (1971). Fonda had won the Best Actress Academy Award for that earlier movie and similarly got Oscar nominated in the same category for _The Morning After (1986)_ which was made and released about fifteen years after Klute (1971).
Many movie posters featured a preamble that read: "Last night she drank to forget. Today she woke up to a murder. Is he her last hope or the last man she should trust? THE MORNING AFTER...can be murder".