Oh Disney…I remember when I bought at $150 thinking it was a steal.Disney + costs, after the posting of their quarterly report, is sinking Disney's stock (CNBC) ............................. Down to $89 per share at this moment........Meanwhile theme parks are doing quite well. ESPN
dragging Disney down also.
I wonder what this means for the future of streaming. Can’t help but think a lot of these media companies are disappointed with the performance after dumping SO many resources into these products. Meanwhile, I just switched back to cable (and I would think I’m not alone among people my age).