Disney (DIS) shares tumbled on Friday after reporting disappointing fiscal second-quarter results, with revenue and new Disney+ subscribers coming up short and the company’s theme parks business posting a fourth straight quarterly loss. Shares of the Dow-component were down as much as 5.4% at session lows Friday morning, which would represent the stock’s worst day since June 2020. “Disney’s in the middle of a recovery. I think what you’re seeing in terms of the stock performance is,… Source link
Read More »Disney shares slide after Q2 report was ‘not the direct-to-consumer growth story that people were hoping for’: Analyst
