US stocks (^GSPC, ^IXIC, ^DJI) continued to drop following Monday's tech sell-off, with the Dow Jones Industrial falling by more than 600 points. Disney (DIS) shares are under pressure due to cautious guidance from airlines, resulting in its largest intraday decline since May. In contrast, Boeing (BA) saw an increase as Fitch praised its recovery after the strike, while Asana (ASAN) shares fell after CEO Dustin Moskovitz announced his retirement plans.
DIS shares are falling as the travel industry struggles. While the content is strong, worries about debt continue to be an issue.
Disney (DIS) shared its earnings report 30 days ago. What can we expect for the stock moving forward?
Jim Cramer has faith in the potential of investing in shares of The Walt Disney Company (NYSE:DIS).
The Walt Disney Company (NYSE:DIS) will be participating in the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025, at 6:20 PM ET. Dana Walden, Co-Chairman of Disney Entertainment, will be among the company representatives. Ben Swinburne from Morgan Stanley will also be part of the conference call.
Disney intends to cut about 6% of its workforce at ABC News Group and Disney Entertainment Networks, according to a source who spoke on Tuesday. This decision comes as the company faces challenges with a decreasing TV audience.
Walt Disney Co. (NYSE: DIS) saw its stock rise after announcing earnings in mid-November, but it has remained stable since then. Over the past year, Disney's shares have only increased by less than 2%, while the S&P 500 has grown by 16%. Despite a 5% revenue increase to $24.7 billion and a 35% rise in per-share earnings, concerns remain about its streaming services and theme park business, which may be too expensive for many consumers.
Disney (DIS) has been getting a lot of interest from users on Zacks.com recently. As a result, it's important to understand the factors that could affect the stock's future.
Even though Walt Disney (NYSE: DIS) is a well-known company, it hasn't been a good investment lately. While it might be tempting to ignore Disney for your portfolio, I think it's worth examining, especially since its shares are currently 46% lower than their highest point. Here are three reasons to consider buying this leading consumer discretionary stock.
Even though Walt Disney is a well-known company, it has not been a good investment lately. Since February 2019, its stock price has dropped by 22%, which is concerning compared to the significant increase in the overall S&P 500.