As Streaming Business Approaches Profitability, Can Disney Stock Double To $200?

ORLANDO, FL - MAY 31: Lasers light up the sky above Cinderella's Castle during the daily Happily ... [+] Ever After light and fireworks show at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. (Photo by Gary Hershorn/Getty Images)Getty ImagesDisney stock currently trades at $102 per share, about 50% below its pre-inflation shock high of about $202 seen on March 8, 2021. The sell-off has been driven by several factors. Disney’s streaming business has been witnessing slowing s ...