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InvestmentFan

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InvestmentFan

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Monday, 01/26/2015 12:43:48 PM

Monday, January 26, 2015 12:43:48 PM

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DreamWorks is laying off 500 employees and shutting down one of its two animation studios: http://www.nytimes.com/2015/01/23/business/media/dreamworks-cuts-its-staff-and-output.html

Not surprisingly, their stock has taken a hit as well: http://seekingalpha.com/article/2848716-dreamworks-animation-hits-new-52-week-low-following-restructuring-announcement
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