Disney's new message of ‘urgency' is resonating big time on Wall Street

Walt Disney Co.’s stock has languished in recent years, but now the company is acting with “urgency” to tackle a critical goal. That message is resonating with investors after Chief Financial Officer Hugh Johnston outlined a double-digit margin target for the company’s streaming business, which has made great financial strides even as it currently continues to lose money. While Johnston didn’t give a specific timeline for the goal, he said Disney DIS, -0.15% felt “a sense of urgency in getting there.”The co ...