Time to Buy the Dip in Disney's Stock After Earnings?

Despite posting strong results for its fiscal third quarter on Wednesday, Disney’s (DIS)  stock has dropped 5% since its Q3 report and is now 30% below its 52-week highs. Recent market volatility may be playing a part in the post-earnings decline as there were some very positive signs for the iconic media and entertainment company, including its streaming unit turning its first profit.Image Source: Zacks Investment ResearchDisney’s Q3 ResultsDisney stated its strong performance during Q3 was driven by its E ...