U.S. stock market abnormal movements | Facing challenges in the first quarter Disney (DIS.US) drops more than 8%

According to the Securities Times APP, on Thursday, Disney (DIS.US) opened down more than 8%, hitting the largest intraday decline in seven months, at $107.68. On the news front, thanks to the strong performance of its streaming media and theme park businesses, Disney's fourth quarter profits exceeded market expectations. However, due to the impact of multiple big-budget films including the new "Avatar" movie on its performance in the first quarter of the new fiscal year, the company's stock price has declined.