PDA

View Full Version : LA Times: DreamWorks stock continues to struggle despite profit


RobertoOrtiz
08-06-2006, 06:00 AM
Quote:
"Investors in DreamWorks Animation SKG Inc. had reason to celebrate after the Glendale-based film studio announced better-than-expected second-quarter profit late Thursday.

But the champagne quickly ran out Friday. After months of declining share prices, the company's financial results pushed DreamWorks' stock up only 1.5% to $20.61 a share. Analysts and company executives expect the shares to continue to struggle over the coming weeks, regardless of how well DreamWorks performs. "

>>LINK<< (http://www.latimes.com/business/la-fi-dreamworks5aug05,1,3006768.story?coll=la-headlines-business&ctrack=1&cset=true)



-R

CGTalk Moderation
08-06-2006, 06:00 AM
This thread has been automatically closed as it remained inactive for 12 months. If you wish to continue the discussion, please create a new thread in the appropriate forum.