Disney Internet Group Tumbles 32.7% on Report of Scaleback

 

Disney Internet Group(DIG Quote) was down 32.7% in early afternoon on the heels of a Financial Times report that the company might scale back its online ventures and eliminate its Go.com portal. The company may also cut jobs, according to the newspaper. Parent company Walt Disney (DIS Quote) was up 0.8%.
  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,403.94 1,102.49 2,195.36 34.67
Oil *
72.63
UP
66.89
UP
6.55
UP
11.63
UP
0.44
10 Yr
3.47%
SPDR Gold
110.82
+0.65%
+0.60%
+0.53%
+1.29%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services