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Disney Is the Worst Performing Dow Jones Stock of the Past Year
[BREITBART] The Walt Disney Co. is the worst performing stock in the Dow Jones Industrial Average for the past year, plummeting 31 percent in the last 12 months. Of the 30 companies that comprise the Dow, Disney has seen its stock drop the most on a percentage basis, followed by 3M, which is down 25 percent, and Home Depot, down 23 percent.
Disney shares were down more than 5 percent Wednesday as investors remained skittish on streaming entertainment companies following Netflix’s disastrous first quarter results. Disney+ subscription results recently disappointed Wall Street when the company reported quarterly results in November, causing the stock to tumble.
Posted by: Fred 2022-04-22 |
