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Dow drops nearly 300 points as Disney sinks, regional-bank troubles re-emerge

Por: MarketWatch Business May 11, 2023

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What’s driving markets U.S. stocks traded lower on Thursday as investors digested earnings from Disney Co. that giant’s foray into streaming. Disney shares were down 8.6% in recent trade, making it the worst-performing stock on the Dow, according to FactSet data. The company announced it lost 4 million subscribers in the last quarter after hiking prices for its streaming service, Disney+. “Disney is an important economic indicator and its... + full article



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