Record Earnings Can’t Save Disney Stock From $100 Plunge: Here’s Why

Quick Read After Disney’s (DIS) quarterly earnings release, the share price grew to $117.50 before sinking toward $100. Disney’s quarterly revenue increased 5% year over year, but the company’s operating income fell 9%. DIS stock is at risk of plummeting below $100 despite positive-sounding talk from the company’s executives. Investors rethink 'hands off' investing and decide to start making real money Walt Disney (NYSE:DIS), the long-standing theme park behemoth that's now a streaming service con ...