Walt Disney Co (DIS)

Walt Disney Co Stock (DIS) dropped by 2.81% from $95.17 to $92.50 in the trading on Tuesday November 28, 2023. The reason why DIS stock down today is due to plan for "rebuilding" the entertainment giant from the CEO. CEO Bob Iger held a town hall-style meeting with employees to unveil the company's future roadmap. During the meeting, Iger emphasized the need for "rebuilding" after a year spent addressing critical areas of the business. Iger's comments come as Disney faces a multitude of challenges, including increased competition in the streaming space, rising costs, and a changing consumer landscape. Iger's emphasis on "rebuilding" suggests a significant shift in Disney's approach, moving away from the expansionist strategy under previous CEO Bob Chapek.

Walt Disney Company Stock (DIS) dropped by 2.29% from $90.34 to $88.27 in the trading on Friday November 10, 2023. The reason why DIS stock down today is due to the postponement of the launch dates. The entertainment giant announced the postponement of the launch dates of several movies, including “Deadpool 3”, due to the recently ended Hollywood strike.

Disney shares fell 3.91% to their lowest point in nearly nine years as investors brace for further declines amid scrutiny of the company's turnaround plan, including price hikes, more ads, and cost-cutting measures. High trading activity focused on bearish bets through put options, while broader market concerns and a cautious stance ahead of Federal Reserve Chair Jerome Powell's speech. The stock fell to $82.47 from $85.83.

https://finance.yahoo.com/news/1-disney-closes-lowest-nearly-203503636.html?fr=sycsrp_catchall

Disney's stock fell 9% (from $101.14 to $92.31), after Q1 2023 earnings report, despite cost-cutting efforts. Disney+ lost 4 million subscribers, but cut streaming losses by $400 million. Weak ad outlook and streaming profitability concerns.

https://variety.com/2023/digital/news/disney-stock-falls-streaming-loss-profitability-ad-weakness-1235609713/

Disney stock dropped 4.77%, from $90.08 to $85.75, due to the disappointing opening weekend performance of "Avatar: The Way of Water," falling short of both Disney's and industry analysts' expectations, as the company seeks a much-needed win amid recent challenges and a surprising CEO change.

https://www.fool.com/investing/2022/12/19/why-walt-disney-stock-shriveled-today/

Walt Disney shares plummeted over 13% to $86.75 after reporting lower-than-expected earnings and warning of potential Disney+ subscriber growth slowdown, despite a 9% revenue increase in Q4. The streaming success came at the cost of a significant operating loss in the direct-to-consumer segment.

https://www.fool.com/investing/2022/11/09/why-disney-stock-plunged-today/