3 Ways for Disney Stock to Get Back Above $100
The triple digits were fun while they lasted for Walt Disney (NYSE: DIS) and its shareholders. The stock closed above $100 every single trading day since Dec. 7 last year until buckling under earlier this month. Disney stock has closed in the double digits for 13 consecutive trading days, but it's starting to inch its way back higher.
A stock price is just a number, but with the media giant trading 18% below the all-time highs it set 25 months ago one has to wonder if we've hit peak Disney. Things don't have to be that way. There are still a few things that can go right for the House of Mouse. Let's look at some of the catalysts that can push Disney stock back into the good graces of investors.
Image source: Disney.
Source: Fool.com