Walt Disney Co
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Communication Services : Entertainment | Large Cap Growth
Company profile

The Walt Disney Company is a worldwide entertainment company. The Company’s segments include Disney Media and Entertainment Distribution (DMED), and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the Company’s global film and episodic television content production and distribution activities. The Company’s DMED’s lines of business consists of Linear Networks, Direct-to-Consumer and Content Sales/Licensing. The Company’s DPEP segment business consists of sale of admissions to theme parks, the sale of food, beverage and merchandise at its theme parks and resorts, sales of cruise vacations, sales and rentals of vacation club properties, royalties from licensing its intellectual properties (IP) for use on consumer goods and the sale of branded merchandise. The Content Sales/Licensing business consist of selling film and episodic television content in the television and subscription video-on-demand (TV/SVOD) and home entertainment markets.

Closing Price
$110.71
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Above Average)
Volume:
12,472,478

10-day average volume:
10,585,380
12,472,478

Tesla stock falls toward first close below $200 in 17 months

2:38 pm ET November 7, 2022 (MarketWatch)
Print

Shares of Tesla Inc. dropped 3.8% in afternoon trading, adding to the 3.6% drop in the previous session, and to put them in danger of the first sub-$200 close in 17 months. Investors in the electric vehicle giant may be expressing concerns that Tesla Chief Executive Elon Musk will be distracted given all the moves he's making as the new owner Twitter, as they did when Musk first bid to buy the social media company. Shares of some other EV makers were also selling off, with Nikola Corp.'s down 2.7% and China-based Nio Inc.'s shedding 5.8%, while XPeng Inc.'s stock gained 0.6%. Tesla's stock, which hasn't closed below $200 on a split-adjusted basis since June 16, 2021, has sunk 30.7% over the past three months while the S&P 500 has lost 8.2%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

November 07, 2022 14:38 ET (19:38 GMT)

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