Los Angeles News
SHERMAN OAKS—In the wake of the Boston marathon bombings, many local businesses experienced the worst stock selloff of the year.
According to reports, many of the largest public companies in the greater San Fernando Valley saw their shares decline on Tuesday, April 16.
The temporary employment firm On Assignment Inc. in Calabasa dropped seven percent, which lost $1.71, causing it to close at $22.53.
The San Fernando Valley’s leading company by market capitalization, the Walt Disney Co. in Burbank, fell 2.8 percent, or $1.67, to close at $58.88. Runner-up to Walt Disney is the Thousand Oaks biotech company Amgen Inc., which lost 2.8 percent, or $3.09, to close at $108.48.
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