May 12, 2024
Disney’s Ups and Downs
Disney finally saw a profit in streaming, so why did its stock fall 10%?
Disney finally saw a profit in streaming, so why did its stock fall 10%? One answer could be theme park jitters. The "evidence of a global moderation from peak post-Covid travel" has raised concerns for Disney, despite the approval of DisneylandForward, robust Halfway to Halloween announcements, and new research showing travel spending in California reaching an all-time high of $150.4 billion in 2023. This week, we dig into all the numbers to determine whether the concern is warranted.
Show Outline
- 00:00 Intro
- 00:26 DisneylandForward Approved
- 05:33 Record Spending on Travel in California
- 15:10 Disney Stock Dips Despite Profit in Streaming
- 26:26 Disney Parks Halfway to Halloween Announcements
STORIES
