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Disney's Streaming Business Is Finally Profitable. So Why Is the Stock Down?

The market remains skeptical of Disney's stock, and that might present an opportunity for investors.

By Neil Rozenbaum – May 7, 2024 at 10:00AM EST

In this video, I will be going over Walt Disney's (DIS +2.00%) second-quarter earnings report, which showed great progress on profitability.

*Stock prices used were from the trading day of May 6, 2024. The video was published on May 7, 2024.

Read Next

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Walt Disney Stock Quote
Walt Disney
NYSE: DIS
$101.12
(+1.97%)+$1.95

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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