Why Walt Disney Stock Slipped on Monday

The company's major moves were essentially met with not only a shrug from investors, but with a recommendation downgrade from an analyst.Walt Disney's (DIS -0.30%) annual fan event failed to move the needle on its stock, a situation compounded by a significant price target cut from an analyst. Neither rocked the shares badly, but Disney still landed in negative territory on Monday. Its stock slumped by 0.3% on a day when the S&P 500 index traded flat.A major move on parksAt its D23 Expo, much of Disney's hy ...