It's the customers
Dreamworks Stock Slumps
Shares in Dreamworks Animation have plunged in the wake of a profit warning and news that US regulators are looking into trading of its stock.
The US animation studio - famous for its Shrek films - sank 14.55%, or $3.90, to $22.91 in late US trade.
It blamed higher-than-expected home video returns for a cut in second quarter forecasts from break-even to a loss of 7 to 9 cents per share. [...]
That's worth a chuckle or two.
1 Comments:
This can't have effect in actual fact, that's exactly what I think.
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