DISNEY shares dropping, the biggest decliner today, because

 

 

DISNEY shares dropping, the biggest decliner today, because

Walt Disney Pictures logo

Walt Disney Pictures logo (Photo credit: Wikipedia)

Summary:

  • Walt Disney Co. DIS -1.57%  fell 1.6%, the biggest decliner in the Dow.
  • One likely reason for the decline is the weakening Chinese economy.
  • Disney will be opening a new theme park in China, but the problem is China’s economy is slowly down and Disney won’t be able to make much revenue from this project because Disney is moving into an unproven market.
Advertisements


Categories: Capital Markets

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: