Workflow
3 Reasons Disney Stock Can Stay Hot This Summer
DisneyDisney(US:DIS) The Motley Foolยท2024-05-13 14:30

A long overdue box office hit and a new ride opening at its most visited theme park should keep Disney shares moving higher.Shares of Walt Disney (DIS 0.29%) slumped after the media giant posted mixed financial results last week, but investors can't be feeling too bad. The stock is still beating the market, something that Disney hasn't done since 2020.A big reason for the stock's post-earnings retreat is that it warned of some potential softness in the current reporting period, the fiscal third quarter that ...