Disney Stock Plunges 11% To New Multi-Year Low On Earnings Miss, Weak Profit Outlook

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Disney stock has fallen more than 11% today on double its normal trading volume, as investors recalibrate their expectations in light of a shaky quarterly earnings report. At $88.53, Disney shares …

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In a flurry of research notes, analysts debated the puts and takes from the earnings report and conference call with executives. Several of them slashed their stock price targets for the company, though they largely held steady with their recommendations to investors and didn’t issue downgrades based on the latest numbers.

The winner for cheekiest headline goes to Michael Morris of Guggenheim, who nodded to Obi-Wan Kenobi’s Jedi mind trick in titling his Disney note “These Are Not The Results You’re Looking For.” He dropped his 12-month price target to $115 from $145, but still has a “buy” on Disney shares. “The quarter and outlook were disappointing, but not as bad as headline numbers may suggest,” she wrote in a note to clients. “We believe underlying theme park demand remains healthy and the operating income miss is largely due to one-time items vs. moderating demand.

 

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If you love your children you guard their childhood and let them just be a kid. Guarding their childhood means no more sick pedo crap from Disney and every other company like them. Looking at you CokaCola CBS NBC ABC

GoWokeGoBroke LiberalismIsAMentalDisorder

Let me see if I can find one..... Hmmmm Not here. Not here either. I cant find one ANYWHERE! Sorry, NO FUCKS GIVEN. gowokegobroke

It turns out that pissing off your customers to cater to your perverted, pedo employees isn't a good business strategy for a children's entertainment company. Who could've known?

Go Woke Go Broke horrible Disney 🤣

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