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Why Disney Stock Fell Today

TheMotleyFool

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Shares of Walt Disney (NYSE: DIS) declined on Friday, following the release of the entertainment giant's fiscal second-quarter results. By the close of trading, Disney's stock price was down 2.6% after falling as much as 5.4% earlier in the day.

Coronavirus-related closures were expected to weigh heavily on Disney's parks and resorts business. That much was true. Revenue in the company's parks, experiences, and products segment sank 44% year over year to $3.2 billion.

Disney's stock price pulled back on Friday. Image source: Getty Images.

Source Fool.com

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