Why A Theme Park Lull Complicates Disney Stock's Recovery
Disney(DIS) Forbes·2024-08-12 12:00
ORLANDO, FL - JUNE 1: The corporate for World of Disney is displayed at their store at Disney ... [+] Springs at Walt Disney World on June 1, 2024, in Orlando, Florida. (Photo by Gary Hershorn/Getty Images)Getty ImagesDisney stock currently trades at $86 per share, about 57% below its pre-inflation shock high of about $200 seen on March 8, 2021. The sell-off has been driven by several factors. Disney’s streaming business has been witnessing slowing subscriber growth and mounting competition. The linear TV b ...