stocks took it surprisingly well as the prospect of president donald trump moved from outside chance to hard reality<u+00a0>wednesday<u+00a0>morning. but shares of some companies targeted by mr. trump were having a harder time of it. after<u+00a0>tuesday<u+2019>s<u+00a0>tumultuous night of plunging stock futures, as mr. trump<u+2019>s improbable victory began to look more likely, the dow jones industrial average and the s&p 500 were hovering between modest gains and losses<u+00a0>wednesday<u+00a0>morning. yet shares of macy<u+2019>s , which the president-elect urged his twitter followers to boycott after it dropped his menswear line, were down 1.3%. and shares of amazon.com , which mr. trump claimed was avoiding taxes and whose chief executive he accused of abusing his power as owner of the washington post, fell 3%. while the republican candidate<u+2019>s campaign was unique for many reasons, it was particularly noteworthy for mr. trump<u+2019>s propensity to lash out at perceived critics<u+2014>even when those critics happened to be corporations. he also frequently spoke his mind about corporate practices that went against his populist, protectionist message. mr. trump lashed out at ford motors for moving its small-car production to mexico and criticized walt disney <u+2019>s use of foreign labor at its walt disney world theme park. shares of the two companies were down 2.2% and 1%, respectively,<u+00a0>on wednesday. shares of time warner , which had been trading well below the price at&t has offered for them but had gained some ground over the past couple of days, fell 1.6%. mr. trump said his administration would block the deal . meanwhile, stocks expected to benefit from a trump presidency, were among<u+00a0>wednesday<u+2019>s<u+00a0>outperformers. shares of for-profit college devry education group rose nearly 9%, while shares of private-prison owner corrections corp. of america shot up more than 36%. one exception to the stock-reaction rule: shares of t-mobile us , whose service mr. trump labeled <u+201c>terrible,<u+201d> were up 2.9%.
for these stocks, trump<u+2019>s election is personal  - wsj
miriam gottfried