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Disney Stock
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Lookingglass
Posted 1/11/2024 09:41 (#10567925 - in reply to #10567300)
Subject: RE: Disney Stock


Southwest Illinois
For starters it is much more than just the theme parks. In fact theme parks account for only about 30% of their revenue. The real revenue comes from theatrical distribution including streaming services which provided the spike during Covid. I bought some back in 22 when they announced Igers return as CEO. While I think their political views will probably have some negative tone to the stock price, the overall economy could impact the resort business even more. However, I think their other revenue sources will hold some potential. While I am not sure there is an immediate run back to $200 they are making some significant changes that should open the upside.
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