Disney’s Stock Dips Despite ‘Wall•E’, ‘Prince Caspian’

Posted July 1, 2008 9:12 am by wisewoman

The LA Times is reporting that Disney’s stock is down 37 cents, despite Wall•E’s strong opening weekend. Analysts are saying that part of the reason for the decrease is Prince Caspian’s underperformance in the domestic box office. Another factor is that the entire media sector is dropping in stock value, hitting a five-year low yesterday. You can read the full article here.