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

08 August 2006, 06:00 AM
"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. "

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