Disney HQ likely wasn’t the happiest place on Earth on Tuesday, as shares of the entertainment giant closed at $99.72, down 2.4 percent after a double-whammy of bad news.
The decline followed a tough weekend at the box office for Disney as the film studio’s latest Lucasfilm project, “Solo: A Star Wars Story,” underperformed, bringing in just $103 million in box office receipts for the 4-day Memorial Day weekend.
Disney had expected the film to open with $130 million. The disappointing returns of “Solo: A Star Wars Story” has raised concerns for Lucasfilm and its “Star Wars” universe.
Disney’s tough day was compounded by more controversy surrounding Roseanne Barr, the star of its No.