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DISNEY SHARES HIT HARD BY RECESSION WORRIES

August 10, 2011 by · Leave a Comment 

The Walt Disney Company was clobbered by investors today (Wednesday) as its shares tumbled for a time below their 52-week low, dropping 13 percent — the worst percentage decline of any company on the Dow Jones Industrial Average and the S&P 500. Investors largely ignored Disney’s better-than-expected quarterly report on Tuesday showing net income up […]