Going Dow, Dow, Down: Localizing the Stock Market Plunge
The Dallas Business Journal's done the dirty work of localizing the effects of the bailout bust: The paper's compiled a list of some dozen Dallas- and Fort Worth-based companies and how far they dropped following the House of Representatives' vote against the $700-billion bailout bill. Not sure who's the biggest loser, but most dropped by at least 5 percent -- which now puts Blockbuster's stock at around $1.98, cheaper than the price of a rental!
Among those not surveyed by the paper: Brinker International, which took only a modest hit of 3.94 percent; ExxonMobil, which dropped $6.59 to $74.06; AT&T, which lost $2.25; Kimberly-Clark, down $2.48; and Atmos, down a buck and change. Looks like Pizza Hut's up, though. --Robert Wilonsky
Get the ICYMI: Today's Top Stories Newsletter
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Dallas, delivered to your inbox Monday through Friday.