Disney (DIS) stock has fallen into an unforgiving tailspin. Investors continue throwing in the towel over analyst downgrades and the underwhelming quarter that revealed sluggishness in the company's Disney+ streaming service. Add renewed COVID-19 resurgence fears in Europe into the equation, and it's not a mystery as to why Disney stock has taken such a violent turn to the downside. Despite the now well-known negatives, Disney plans to turn the ship around. For that reason, I remain bullish on DIS stock. (See Analysts' Top Stocks on TipRanks) Disney Stock down 25% over Transitory Issues Disney stock is now down approximately 25% from its all-time highs hit earlier this year.
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Walt Disney (NYSE:DIS)
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Walt Disney (NYSE:DIS)
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From Jan 2021 to Jan 2022 Click Here for more Walt Disney Charts.