Shares of Walt Disney (DIS) are down more than 57% from the high we saw in 2021, and stock is down 18% in the past 3 months alone. While some look at this dip as a buying opportunity, we see reasons to steer clear of DIS for the time being. The company has been [...]
The Walt Disney Company (DIS) unveiled its second-quarter earnings this morning that came in above the analyst consensus fueled by the streaming segment - however, concerns surrounding the company’s traditional business model have sent shares 10% lower so far. Revenue for the quarter came in at $22.08 billion, just shy of the $22.11 the [...]
The return of Bob Iger to the Disney throne was highly anticipated, and for the most part, well-received. DIS is up more than 22% in the past year and recent earnings reports have suggested that Iger is steering the ship in the right direction. The stock is up more than 33% through 2024. However, [...]
Walt Disney stock (DIS) is up more than 7% in Thursday morning’s trading session after the media and entertainment company reported fourth-quarter earnings that sparked hope among investors and analysts alike. The company grew revenue 5.4% year over year to $21.35 billion. This narrowly beat the analyst consensus of $21.33 billion. EPS of 82 [...]
The Walt Disney Company (DIS) is coming off a tough week of letting thousands of workers go, and it appears that a new battle awaits them this week. Monday morning, the Central Florida Tourism Oversight Board unanimously voted that they would sue the entertainment company. This is just the latest in an ongoing political [...]
It’s been a relatively quiet Monday in the stock market - with Disney being one of the few exceptions. This morning, news of an internal shake-up has made waves throughout both the entertainment and financial industries. After 2 years of underwhelming results under CEO Bob Chapek, the company has parted ways and brought back [...]
It’s official - Disney+ has surpassed Netflix in subscribers. Now, take this with a grain of salt - as Disney+ includes ESPN+ and Hulu, two other streaming services the entertainment company owns. Nevertheless, the milestone is an important one - as Disney is poised to take a stronger grip on the streaming space than [...]
