Shares in The Walt Disney Company are declining once again this morning after analysts at Credit Suisse and UBS downgraded the stock. At the time of this writing, DIS shares were trading down about 4%, or more than $4 apiece. Disney began furloughing nonessential employees on Sunday. Below is a snapshot of Monday morning’s downward movement. We selected a five-day window to best demonstrate the latest decline. Yahoo Finance In late 2019, Disney stock was trading as high as $153.41. Last month,...
Shares in The Walt Disney Company are declining once again this morning after analysts at Credit Suisse and UBS downgraded the stock. At the time of this writing, DIS shares were trading down about 4%, or more than $4 apiece. Disney began furloughing nonessential employees on Sunday. Below is a snapshot of Monday morning’s downward movement. We selected a five-day window to best demonstrate the latest decline. Yahoo Finance In late 2019, Disney stock was trading as high as $153.41. Last month,...
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