The Worst Mistake Disney Investors Can Make Right Now
Walt Disney (NYSE: DIS) is one of the most successful entertainment companies in the world. And with this recognition, its stock is usually a favorite among the investment community.
But the business isn't without its own set of issues, primarily as it relates to the direct-to-consumer (DTC) segment, which includes all of the company's streaming services. It saw operating losses widen to $4 billion in fiscal 2022 (ended Oct. 1), from $1.7 billion in the previous year.
Shareholders need to start paying closer attention to what's really going on under the hood, especially with the stock down 43% over the past two years. With that being said, here's the worst mistake that Disney investors can make.
Source Fool.com
