Disney (DIS) Shares Edge Lower Amid Expected Massive Loss from 'John Carter'
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Shares of Disney (NYSE: DIS) have fallen nearly a percent in Monday's after-hours session amid a Bloomberg report which suggests the company could record a $200 million loss from "John Carter." The stock last traded at $43.05 after closing the intraday session at $43.44.
Headlines indicate Disney's Film unit could see an $80-$100 million loss during the second quarter alone.
Headlines indicate Disney's Film unit could see an $80-$100 million loss during the second quarter alone.
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