Disney Stock Has a Lot to Prove This Week
Time is ticking, and that means that the mouse hands are moving at Walt Disney (NYSE: DIS) this week. The media master reports fresh financials after Thursday's close, and given its pole position in many entertainment markets and the stock's wide ownership among retail investors, it's fair to say that a lot of us will be watching.
Disney stock is having an off year. Many popular blue chips are hitting new highs this summer, but the House of Mouse is actually trading 2.5% lower year to date through Monday's close. With its arsenal of theme parks, cruise ships, and blockbuster movies, it would seem to be a no-brainer play for the reopening of the economy in 2021, but things haven't gone according to plan. A strong financial update could change things.
Image source: Disney.
Source Fool.com
