Shares of Microsoft Corporation led all laggers on the Dow Wednesday with a decline of 0.84%. The DJIA closed at 16,979.10, which is a 0.35% change from the previous day's close.
The Dow Jones Industrial Average is the oldest stock market index of the U.S. stock market, tracking the price performance of 30 blue chip companies. The Dow is a price-weighted index, which means it is calculated by the share price of its components.
Here are today's worst performers on the Dow.
Today's Worst Performers:
1. Microsoft Corporation (MSFT) posted the largest drop with a loss of 0.84% to $44.95 a share. Shares of Microsoft Corporation traded lower on volume of 24,710,911, as compared to its average of 29,716,682.
Microsoft Corp is engaged in designing, manufacturing, selling devices, and online advertising to a global customer audience. Its products include operating systems for computing devices, servers, phones, and other intelligent devices.
In the past 52 weeks, Microsoft Corporation share prices have fallen 1.66%, from a high of $45.71. Microsoft Corporation has a P/E of 17.2. It also pays a dividend yield of 2.47%.
2. Walt Disney (DIS) shares fell 0.28% today to $89.84 on volume of 3,870,706. Its average daily volume is 6,177,012.
Walt Disney Co, together with its subsidiaries, is a diversified entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive.
Walt Disney current price to earnings ratio (P/E) is 21.6. The company also carries a dividend yield of 0.96%. In the past 52 weeks, the share price of Walt Disney has tumbled 0.58% from a high of $90.37.
3. McDonalds Corp (MCD) also comes in as one of today's worst performers with a loss of 0.28% to $94.19. McDonalds Corp also pays a dividend yield of 3.43%.It has a current P/E ratio of 17.1.
McDonald's Corp franchises and operates McDonald's restaurants in the food service industry. Its geographic segments include the United States, Europe, and Asia-Pacific, Middle East and Africa.
Over the past 52 weeks, McDonalds Corp share prices have fallen 9.24% from a high of $103.78. Shares of McDonalds Corp traded lower on volume of 3,987,571, as compared to its average of 4,723,883
For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.
All data provided by QuoteMedia and was accurate as of 4.30PM.