DreamWorks Animation (DWA -7.2%) can't seem to get a break, as the stock takes another hit...
DreamWorks Animation (DWA -7.2%) can't seem to get a break, as the stock takes another hit despite its Q1 beating estimates late yesterday. Net earnings rose 3.2%, driven by strong demand for Puss In Boots, but the stock is selling off due to concerns over the timing of its future release of Madagascar 3. Analysts say the planned international release for the movie is staggered to the timing of the Olympics in the U.K, which increases the risk of piracy, among other things.
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