Is It Too Late to Buy Disney Stock?
Disney (NYSE: DIS) conjures up warm memories for many people. Upon hearing the name, you may think about its heart-warming movies or visits to theme parks.
It's hard for some to imagine, but Disney has become a vast media empire. Its businesses span television networks, streaming services, production studios, theme parks, cruises, and retail operations, among others.
But not everyone was happy with Disney's direction and financial results. Activist investor Trian Partners attempted to gain seats on the board of directors. Evidently, most investors like the way things are going since they rejected Trian's two nominees and kept the current board intact. With that issue seemingly behind it, management can fully concentrate on improving Disney's business.
Source Fool.com
