Disney Stock, When Will The Magic Come Back?
Where is the magic in Disney stock? Heading into 2023, the stock is down about 7% even after Bob Iger returned as CEO.
Iger faces a challenge to grow earnings that are below pre-pandemic levels even as revenue has risen significantly. This shows the risk of the company’s reliance on #streaming at a time when the economy may affect attendance at the company’s theme parks.
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