Disney lost its crown as the top film company in the United States on Monday, losing the crown to Warner Bros. and Disney.
Disney’s stock fell 0.6 percent to $54.30, the S&P 500 index .SPX fell 1.1 percent to 2,534.20 and the Nasdaq Composite dropped 1.9 percent to 6,638.60.
The company reported a $3.9 billion loss in the fiscal fourth quarter, down from a profit of $7.2 billion in the same period last year.
The loss comes as Disney has struggled with low attendance at its theme parks, as well as a shrinking customer base.
Its stock price dropped 1 percent to just shy of $40 per share in premarket trading.