5 Bright Green Flags From Disney's Latest Report to Investors

Walt Disney (NYSE: DIS) stock has been a major disappointment for investors thanks to factors outside and within the company's control. Over the past 10 years, Disney stock has produced a 56% return compared to 187% for the Dow Jones Industrial Average and 220% for the S 500. The underperformance may come as a surprise given that some of Disney's greatest box office hits, including Avengers: Endgame, Avengers: Infinity War, and Star Wars Episode VII: The Force Awakens, were released during this period. And in terms of box office revenue, 2012 to 2019 marked the heyday for the Marvel and Star Wars franchises.

But the COVID-19 pandemic's impact on park attendance, paired with a shift in expectations for streaming companies from subscriber growth to profit, drove Disney stock to close at an eight-year low of $84.17 on Dec. 28, 2022, erasing all of the gains that came from the initial embrace of Disney+.

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Source Fool.com