Shares of Disney, Netflix and Other Studios Fall After Trump Threatens 100% Tariff on Movies ‘Produced in Foreign Lands’
At the start of U.S. stock market trading on Monday, Netflix’s shares fell by 3.3%, Disney’s dropped by 2.4%, Warner Bros. Discovery (WBD) declined by 4.2%, and Paramount experienced a decrease of 2.2%. These drops were more significant than the declines in broader market indices such as the S&P 500 (-0.70%) and the Nasdaq Composite (-0.82%).
or
On Monday’s U.S. stock market opening, Netflix’s shares fell by 3.3%, Disney saw a 2.4% decrease, Warner Bros. Discovery (WBD) dropped by 4.2%, and Paramount’s shares decreased by 2.2%. These declines were steeper than the drops in broader market indices like the S&P 500 (-0.70%) and the Nasdaq Composite (-0.82%).
or
As U.S. stock market trading began on Monday, Netflix’s shares fell by 3.3%, Disney saw a fall of 2.4%, Warner Bros. Discovery (WBD) dropped by 4.2%, and Paramount’s shares decreased by 2.2%. These declines were more pronounced than the drops in broader market indices such as the S&P 500 (-0.70%) and the Nasdaq Composite (-0.82%).