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Benzinga
Benzinga
Business
Melanie Schaffer

Disney Stock Provides Meat For The Bears: Here's Where To Watch For The Bounce

Walt Disney Co (NYSE:DIS) was trading about 1% lower on Thursday after falling in sympathy with Netflix, Inc (NASDAQ:NFLX) on Wednesday, which plunged almost 40% after printing its first-quarter earnings.

Disney’s decline on Wednesday began to pick up at 11:30 a.m. in reaction to a bear flag the stock had settled into on the four-hour chart.

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