The DJIA stock posting the largest daily percentage loss ahead of the close Thursday was Microsoft Corp. (NASDAQ: MSFT) which traded lower by 2.06%% at $46.60. The stock’s 52-week range is $40.12 to $50.05. Trading volume was about 40% below the daily average of around 31 million. Apparently investors were not impressed by Microsoft’s introduction of Translator for the Apple Watch.
Pfizer Inc. (NYSE: PFE) traded down 1.95% at $35.13. The stock’s 52-week range is $27.51 to $36.46. Trading volume was about 20% below the daily average of around 23 million. U.K. officials have accused the company of abusing its position as a dominant supplier of an anti-epilepsy treatment and overcharging the country’s National Health Service by tens of million of pounds..
Visa Inc. (NYSE: V) traded down 1.68% at $73.72. The stock’s 52-week range is $48.80 to $76.92.Trading volume was was about 20% below the daily average of around 7 million. The company had no specific news today.
The Walt Disney Co. (NYSE: DIS) traded down 1.53% at $108.53. The stock’s 52-week range is $78.54 to $122.08. More than 52 million shares traded hands today, more than 8 times the daily average of about 6.8 million. Disney led today’s sell-off in media stocks on worries that the company’s ESPN pay TV network is being hurt by cord-cutting.
Of the Dow 30 stocks 24 are set to close lower today and 6 are on track to close lower.
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