Entertainment juggernaut Disney (DIS) has been struggling in the last few weeks, and its latest earnings report only underscores the trouble. It was down over 4% in premarket today. The stock has recovered throughout the day, but it's still down so far. Despite the sheer number—and size—of the problems it's seen in the last few weeks, I'm still bullish on Disney. The earnings report showed it managed to pull off a win that wasn't seen in other parts of the market. However, it may still have a lesson to learn about the degree to which customers will stay customers in the wake of rising inflation.
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Walt Disney (NYSE:DIS)
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