Walt Disney (DIS) eroded its shareholders’ wealth in 2021. It’s worth noting that shares of this media and entertainment giant are down over 16% on a year-to-date basis, compared to a 24% increase in the Nasdaq composite index.  Furthermore, investor sentiments on Disney stock remain negative, as reflected in the TipRanks’ Stock Investors tool. About 1.7% of the investors who hold portfolios on TipRanks have lowered their exposure to Disney stock in the last 30 days. I have a Neutral view on Disney stock. What’s Hurting Disney? The pressure on Disney stock stems from the moderation in its paid subscriber base. On a quarter-over-quarter basis, Walt Disney managed to add 2.
https://www.tipranks.com/news/article/disney-stock-will-its-tides-turn?utm_source=advfn.com&utm_medium=referral
Walt Disney (NYSE:DIS)
Historical Stock Chart
From Jul 2022 to Aug 2022 Click Here for more Walt Disney Charts.
Walt Disney (NYSE:DIS)
Historical Stock Chart
From Aug 2021 to Aug 2022 Click Here for more Walt Disney Charts.