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DreamWorks Animation (DWA) Is Sinking On Reports Of Stalled Hasbro Talks

Media reports began to circulate after the close Friday that the discussions between Hasbro (HAS) and DreamWorks Animation (DWA) have cooled due to issues over the structure of a combined company.

DreamWorks Animation gapped open sharply lower Monday morning and is now down 3.84 at $22.18. The stock has dropped below its 50 and 200-day moving averages.

Meanwhile, Hasbro gapped open higher this morning and is now up 3.12 at $57.14 in early trade.

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