3 Dates for Disney Stock Investors to Circle in June
Walt Disney (NYSE: DIS) enters the final seven months of 2023 as sleepy as one of Snow White's housemates. The stock is up a mere 1% through the first five months of the year, and the shares are now trading lower than they were when Bob Iger returned as CEO in late November.
It's the start of the summer travel season for Disney's theme parks and cruise line. The House of Mouse will also wrap up its fiscal third quarter by the end of June, even though investors will have to wait until early August for the actual results. When it comes to individual dates, it's big Disney films and a highly anticipated Disney+ arrival that investors should be keeping an eye on this month. Let's take a closer look at the moments that could wake up Disney's drowsy stock.
Disney has been breathing new life into the multiplex industry. The media giant's studio is responsible for five of the six strongest domestic opening weekends since November of last year. An interesting distinction here is that none of them are from Disney's iconic animation studio.
Source Fool.com
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