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Disney's $46B Loss Drags L.A. Companies Despite Gains

7/22/2025

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Story summary
  • L.A. County's top 50 public companies experienced a $25 billion market cap loss, largely driven by Disney's $46 billion decline.
  • Excluding Disney, other companies collectively gained over $20 billion.
  • Rocket Lab's stock soared by 309%, while Live Nation and Tutor Perini increased by 62%.
  • Healthcare stocks faced challenges, with Molina losing over $6 billion in market cap.
  • Amgen added $15.1 billion following its acquisition of Horizon Therapeutics.