Has Disney Lost Its Magic?

May 10, 2016 9:34 PM

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Has Disney Lost Its Magic?

Shares of Walt Disney (DIS) dropped more than 6% during after-hours trading when the entertainment giant’s fiscal 2Q financial results fell short of expectations.

In fact, CNBC is reporting that Disney misses EPS and revenue estimates for the first time in five years.

Also read: Toshiba to Raise $5.3 Billion in Sale of New Shares to Foreign Funds

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