Disney Stock Has a Lot to Prove This Week
The company famous for delivering storybook endings is hoping to deliver one to its shareholders this week. Walt Disney (NYSE: DIS) reports financial results for its fiscal third quarter on Wednesday, and investors can use some good news. Disney shares are down 31% this year, making it the worst performer among the Dow Jones Industrial Average (DJINDICES: ^DJI) components in 2022.
There are naturally a lot of moving parts to the media giant's empire. Disney's not firing on all cylinders these days, but it could show just enough this week to win back the market's respect. Let's take a closer look at how the House of Mouse is holding up heading into Wednesday afternoon's telltale report.
Image source: Disney.
Source Fool.com
