Disney Stock Slips as Low Experiences Demand Outweighs Surprise Streaming Profit

Key TakeawaysDisney shares slipped Wednesday even as the entertainment giant reported better third-quarter results than analysts had expected.The combined streaming business of ESPN+, Disney+, and Hulu turned a profit in the quarter, earlier than Disney expected.However, the company warned that lower demand for its Experiences segment including theme parks could continue over the next several quarters. The Walt Disney Co. (DIS) posted better third-quarter results than analysts had expected thanks to the suc ...