Why Disney Stock Dropped Sharply Despite Nearing Streaming Profit, Improved Earnings Outlook ...Middle East

Disney’s latest quarterly earnings report and conference call with management had much for Wall Street to like, including progress toward streaming profits and an increased full-year earnings forecast, but it wasn’t enough to keep its shares from dropping around 10 percent on Tuesday. As of 12:15 p.m. E.T., Disney’s stock was down 10.4 percent at […]

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