Disney Stock Has a Lot to Prove This Week
Depending on how you look at it, there's never been a better -- or worse -- time to own Disney (NYSE: DIS). The media giant closed out fiscal 2019 with a bang, and it reports financial results for its fiscal first quarter after Tuesday's market close.
There were plenty of question marks heading into the quarter that ended in December. Would the Nov. 12 launch of Disney+ be a success? Could Disneyland turn its attendance around after back-to-back quarters of year-over-year declines? Would Frozen 2 and Star Wars: The Rise of Skywalker secure a monster 2019 calendar year for Disney at the box office? Not every answer has to be a winner for Disney, and some answers will only lead to new questions. There's a lot on Disney's plate, but that's par for the course these days.
Image source: Disney.
Source Fool.com
