Why Investors Aren't Thrilled With Disney's Q3 Results Despite Its First Streaming Profit
Disney(DIS) The Motley Fool·2024-08-18 09:15
Could Disney be an underrated stock to buy right now?Walt Disney (DIS 0.57%) stock is down 5% this year as investors are concerned about the company's future growth prospects. And that's even as Disney is coming off an encouraging quarter, where it posted a profit from its streaming business earlier than expected.It should have come as a positive surprise, potentially sparking a rally for the stock, but that hasn't been the case. Why are investors down on the company's performance, and does the weakness in ...