Disney Stock Limps To 9-Month Low As Yearslong Rut Continues

Topline Disney stock slid Wednesday after the company warned about softness in its cash cow parks division during its morning quarterly earnings update, sending shares to a new 2024 nadir as the entertainment conglomerate grapples with an extended slump on Wall Street.Disney stock slumped Wednesday.Getty Images Key FactsShares of Disney fell almost 4% to just above $86 by late afternoon, registering their lowest intraday level since Nov. 8, 2023, despite reporting quarterly profits and revenue above consens ...