Walt Disney Co. Stock Falls Friday, Underperforms Market
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Shares of Walt Disney Co. (DIS) shed 2.06% to $110.29 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,123.34 and Dow Jones Industrial Average falling 0.30% to 32,899.37. This was the stock's second consecutive day of losses. Walt Disney Co. closed $77.29 short of its 52-week high ($187.58), which the company reached on September 9th.
The stock underperformed when compared to some of its competitors Friday, as Comcast Corp. Cl A (CMCSA) fell 0.94% to $40.00 and Sony Group Corp. ADR (6758.TO) fell 1.50% to $83.66. Trading volume (12.5 M) eclipsed its 50-day average volume of 11.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2022.
(END) Dow Jones Newswires
May 06, 2022 16:48 ET (20:48 GMT)
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