The stock market was brutal on local companies’ stocks for the calendar year that ended June 30. One notable example: The Walt Disney Co., which lost $147 billion in its stock value. Some lucky ones gained, but 90 of the more than 110 companies on the Business Journal’s annual list of Largest Public Companies posted net drops. Also in this Special Report: Many of L.A.’s larger companies decamped in recent decades, leaving smaller companies in their wake.
Addtional Content:
Public Company Wipeout: L.A.’s Public Companies Shed $351 Billion in Market Cap in Last 12 Months
Multibillion Dollar Revenue Public Companies Have Fled, Merged Out of L.A.
