Wall Street Tumbles!!

U.S. stock market tumbles the most in a single day since 9/11 attack. Stock prices in publicly traded franchisers drop with market.

Feb 27, 3:16pm ET - The Dow Industrials has fallen over 500 points, possibly pushed into the free fall by a tumble in the Chinese stock market of 8% last night and by disappointing durable-goods data in the U.S. The Dow shed 200 points within seconds.

McD, WEN, MAR, UPS, GYMB, PZZA and more dropping. It appears that all major public franchise stock prices in all franchise industry sectors have fallen with the rest of the market. Radio Shack (RSH) seems the exception with stock price that climbed after announcing today better than expected 4th quarter profits. [Read details at Bloomberg, WSJ ($$)]

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Other readings:

• Allan Greenspan yesterday (Monday) says that the U.S. economy possibly heading into a recession. Source: Marketplace