DIS May 2024 125.000 put
| Previous close | 12.45 |
| Open | 12.45 |
| Bid | 10.95 |
| Ask | 13.70 |
| Strike | 125.00 |
| Expiry date | 2024-05-03 |
| Day's range | 12.45 - 12.45 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Why Disney's parks business is 'spooking' investors
Walt Disney Co. (DIS) shares are falling Tuesday, following the company's mixed second quarter results. To provide insights into the future trajectory of Disney's business, Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan joins Wealth! Despite being mixed, Disney's second-quarter results were "pretty good," Ranganathan says. The analyst highlights the strength of Disney's streaming business, but points out that the company's parks business is "spooking investors" as concerns mount over its growth potential. On the streaming front, Ranganathan expresses optimism regarding Disney's impending crackdown on password sharing. She believes this strategic move will boost the company's subscriber count and profitability. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
Disney is still a 'longer-term opportunity,' despite mixed Q2
Disney (DIS) shares are sliding after the company reported mixed second quarter results. Rockland Trust Vice President and Portfolio Manager Anthony Forcione joins Catalysts to discuss how shareholders are reacting to the news and what's in store for the company's future. "At the end of the day, I think the market probably wanted a little more and was a little bit worried about sequential guidance in their theme parks," Forcione says about Disney's dip following its earnings report. Despite the mixed results, he tells Madison Mills, "the longer-term opportunity is still there," pointing to the overall growth of the company's direct-to-consumer segment of its entertainment business. He adds that while Disney's parks and cruise businesses slowed, they still "provide a very, very unique experience to consumers" that should not be overlooked. "I have no concerns over this business over the longer term," Forcione says, explaining that there are "tremendous opportunities for expansion and invigoration in terms of new attractions," on the horizon. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Yahoo FinanceDisney stock falls as company attempts to make streaming business profitable
Disney reported its fiscal second quarter earnings before the bell on Tuesday. Here's what to know.
