2 Reasons May Is a Huge Month for Disney, and What It Could Mean for the Stock
Watching Walt Disney (NYSE: DIS) stock over the last three years has been like attending a long, drawn-out ping-pong game. Every time there's a positive development, the stock jumps. But after all the nit-pickers have processed any earnings results and found them slightly lacking, it slumps back down. Sadly for shareholders, the current result of that cycle is another move lower, with the shares down 8% since the company's second-quarter earnings report last week.
May is an important month for Disney, and not just because of the earnings report. In fact, depending on how the rest of the month goes, the stock could rise back up.
Disney is a huge, multi-pronged business with various interconnected segments. When everything works together the way it's supposed to, investors cheer. But when one business doesn't perform quite so well, that's what investors typically focus on.
Source Fool.com
