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Tag "Wall Street"

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DreamWorks Stock Slips After Goldman Sachs Downgrade


January 19, 2012 by Thomas J. McLean No Comments divider image
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DreamWorks Animation’s stock troubles continued this week as Goldman Sachs downgraded the company’s stock to sell based on weak ticket sales for Puss in Boots and soft DVD and Blu-ray sales for Kung Fu Panda 2. The stock has rebounded from a low point of $16.50 in late December, and [...]

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Weak ‘Puss’ Opening Disappoints DreamWorks Investors


October 31, 2011 by Thomas J. McLean 1 Comment divider image
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DreamWorks Animation’s Puss in Boots is tops at the box office, but that’s not translating into admiration on Wall Street. Shares in the company fell 8 percent on Monday on news of Puss in Boots‘ $34 million opening weekend, which was good enough to make it No. 1 at the [...]

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