Farewell details announced for Space Mountain at Tokyo Disneyland, 1900 Park Fare gets a reopening date — all this and more in today’s daily recap for Thursday, February 8, 2024. Walt Disney World Magic Kingdom Walt Disney World Resort Hotels New Merchandise Other Walt Disney World News Disneyland Resort Tokyo Disney Resort The Walt Disney … Read more
Disney stock has dropped over 2% after the company announced plans to double spending on their theme parks and cruise line, emphasizing the over 1,000 acres of land they have to expand. As of 9:58 a.m. on Tuesday, Disney shares are priced at $82.81, a drop of 2.6% from earlier this morning, when they were … Read more
After we reported Disney stock was at a 52-week-low, the stock price continued to drop and The Walt Disney Company (DIS) closed on Thursday, August 24 at $82.47 per share. This is Disney’s lowest closing price in nine years. Disney Stock Closes on Disappointing Note This is the lowest price Disney has closed at since … Read more
The Walt Disney Company stock dropped to a new 52-week-low this morning, hitting $83.02, down more than 3%. If Disney closes below $84.17, today will be its lowest closing since October 17, 2014. Disney stock has dropped significantly over the past few years, especially during the height of the COVID-19 pandemic and Bob Chapek’s tenure … Read more
Though The Walt Disney Company’s stock price rose over $100 immediately after the reinstatement of Bob Iger as CEO, it has not remained steady since then. It began dropping in early December, but a month later, it has risen back up to over $92. Only a week ago, Disney stock closed at $84.16, the lowest … Read more
Though stock for The Walt Disney Company jumped to over $100 when Bob Iger took back the position of CEO, it is now dropping once again. Disney stock is already lower than it was on Chapek’s last day when it closed at $91.80. It closed at $84.16 yesterday, December 28, the lowest it’s been since … Read more
Stock for The Walt Disney Company has dropped below $100 for the first time since March 2020, when it dropped to $85.98 immediately after Disney Parks closed due to the COVID-19 pandemic. The stock price dropped to $100 in late May. As of 9:36 a.m. today, June 14, the stock price was $95.51. Disney’s stock … Read more
Stock for The Walt Disney Company dropped all the way to $100.08 today, May 20, 2022. At the close of the market, it stood at $102.42. It previously closed at $103.15. Last month, the stock hit $119, already the lowest it had been in over a year. The stock eventually dropped to $104.79, before it … Read more
Stock for The Walt Disney Company has now dropped to its lowest price since May 2020. It has been dropping steadily over the past few months amid various controversies. The stock price is currently $108.90, over $10 lower than it was a few weeks ago. In March of 2020, immediately after the parks closed due … Read more
After Netflix announced disappointing subscriber numbers, its stock dropped 21.79% to 397.50 today. As a result, other streaming competitors have also had losses, including The Walt Disney Company. The change comes as a result of shaken confidence in the streaming industry after Netflix failed to reach subscriber growth benchmarks. Investors are nervous, even though Disney … Read more
With a Wednesday report, Guggenheim Securities analyst Michael Morris has raised his stock price target on The Walt Disney Company by $15, bringing it to $200. Disney’s stock closed on Tuesday at $175.99. This theme park forecast “reflects a slower revenue recovery than current consensus estimates in fiscal year 2021-2023 and stronger long-term economic potential … Read more
Despite The Walt Disney Company’s stale financial outlooks as of late due to the COVID-19 pandemic impacting the majority of its businesses, it seems some investors are making some big purchases while stock prices are low. According to The Hollywood Reporter, Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) has purchased over 5 … Read more