humminbird
Veteran
there's a lot going on with DIS right nowI'm looking at a chart not, shyt fell off like a rock over a cliff. Hell is going on?![]()
the stock started going downward last year it's highest was $180 but was stuck in the $150 range. now because of Netflix it's dropping because Disney + is becoming more integral to the growth of the company and their IP as a whole.
The current CEO is not liked by Wallstreet especially after Bob Iger has now completly left the company. we've yet to see what his influence on the company means for DIS but his past experience as head of parks have led to people thinking he's going to focus on the numbers only unlike Bob Iger focusing on the talent and creativity of the company.
the parks are open and are slowly growing but of course, with covid waves the park attendance and revenue can waver as well.
if disney + lost subscribers or didn't hit their mark last quarter the stock will drop. Why?
because Disney +'s future is to become the Disneyland of the metaverse and what it means is the current IP offerings of disney aren't enough to keep people subscribed.
@Rozay Oro
