11/9/2022, 4:12 PM (Source: TeleTrader)
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Disney's shares drop to lowest value since March 2020

The shares of The Walt Disney Company sank by more than 11% on Wednesday following the release of its fourth-quarter financial results, which showed its revenue and net income missed market predictions.

As a result, the company's stock dropped to its lowest value since March 2020, when it recorded a similar decline.

Disney's shares plunged by 11.52% at 9:56 am ET to sell for $88.39 per share.

Baha Breaking News (BBN) / JR