Two local publicly-held companies came close to double-digit declines when the Dow Jones Industrial Average plunged 519 points Wednesday.
DineEquaity, owner of Applebee's and IHOP, saw its stock drop by 9.9% after it lost $3.93 to close at $35.60 per share. Disney's stock fell 9.1% after shedding $3.16 to end at $31.54 per share.
Publicly-held companies based in Glendale and Burbank have been on a roller coaster ride the last several days as the volatile stock market plummeted twice -- 512 points on Friday and 643 points on Monday -- followed by a rally of 430 points on Tuesday. The market sank again by closing on Wednesday.