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Disney’s stock threatens to close at lowest price in nearly a decade

Clyde Edgerton by Clyde Edgerton
September 7, 2023
in Markets
Disney’s stock threatens to close at lowest price in nearly a decade
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Shares of Walt Disney Co. DIS are hovering around $80 Thursday, potentially setting up its lowest close in nearly a decade, as the media giant navigates two Hollywood strikes, a high-profile battle over fees with large cable operator Charter Communications Inc. CHTR and the prospect of sustained losses in its TV and streaming businesses.

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