Business & Tech
Valley Stocks Take a Hit After Boston Blast
Of the 50 largest public companies in the greater San Fernando Valley, most saw an impact on their shares.
The bombing in Boston rippled through the economy Tuesday in the worst stock selloff of the year and even impacted local businesses according to the San Fernando Valley Business Journal.
Of the 50 largest public companies in the greater San Fernando Valley, most saw their shares take a hit.
Tutor Perini Inc. was the biggest loser among larger companies. The Sylmar construction company fell nearly 9 percent, or $1.63, to close at $16.33. Public Storage Inc. of Glendale lost $3.46, or 2.2 percent, to close at $155.05.
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Burbank's Walt Disney Co., the area's largest company by market capitalization, fell $1.67, or 2.8 percent, to close at $58.88.
In Calabasas, On Assignment Inc., the temporary employment firm, lost $1.71, or 7 percent, to close at $22.53.
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By late Wednesday, the stock market was on the rebound.
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