Why Walt Disney Stock Is Down 30% This Year
Disney (NYSE: DIS) is often considered a stable blue-chip stock for long-term investors. It's one of the world's largest media companies, and its sprawling portfolio of properties -- which include Pixar, Marvel, and Star Wars -- is generating a steady stream of evergreen content. It also operates the world's largest theme parks alongside its resorts and cruise ships.
But this year, Disney's stock has declined by more than 30% as the S&P 500 has dropped by less than 20%. Let's see why the House of Mouse underperformed the market -- and whether its stock can bounce back over the next few quarters.
Image source: Disney.
Source Fool.com
