YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Disney shares drop on earnings warning

Posted online

Shares in Disney fell between 4 and 5 percent on Wednesday and Thursday after its CEO issued an earnings warning.

Chief Executive Bog Iger cautioned profits this year would be flat from fiscal 2016.

Iger also revealed the company's "Marvel" and "Star Wars" titles will move to its new Disney streaming platform from Netflix when it launches in late 2019.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences