Most local stocks dropped Monday – one of the worst days for stocks this year. The Dow Jones industrial average had its biggest one-day decline in nearly nine months.
The Valley area’s largest corporation, the Walt Disney Co., went down $6.36 a share, or 3.6 percent. Disney’s shares closed at $184.38 last Monday, compared to $172.95 today. Meanwhile, the stock of Amgen Inc., the area’s second biggest company, edged down 0.5 percent.
The largest local drop: 8 percent by the stock of Dine Brands Global, the operator of Applebee’s Neighborhood Grill & Bar and IHOP. The Glendale-based company closed at $75.47, down $6.53 Monday, after reaching heights up to $98 during May, a time when vaccinations rates increased and states started reopening.
IHOP Launches Pancake Support, Offering Soft, Fluffy Pancakes to Guests Who Might Need a Pancake
restaurantnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from restaurantnews.com Daily Mail and Mail on Sunday newspapers.
Here s Why Investors Should Retain Restaurant Brands (QSR) Stock
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.