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What the 'Roseanne' Storm Means for Disney Shares

Walt Disney (DIS) had a Memorial Day weekend to forget. Coming off a lackluster opening for the latest film in its Star Wars franchise, the company on Tuesday canceled its most promising show on broadcast television, Roseanne, in response to an incendiary tweet by its star, Roseanne Barr. Disney shares fell 2.6% by late afternoon.