Walt Disney shares slid Thursday after the company reported that income from its traditional television business had declined sharply and its streaming segment is still a long way from achieving profitability.
Shares of the entertainment giant closed down 8.7% at $92.31, their largest percentage decline since Nov. 9, when they fell over 13%. The stock was the worst performer in the S&P 500 and Dow Jones Industrial Average for the day.
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