Will Walt Disney Stock Recover in 2022?
The reopening of Walt Disney's (NYSE: DIS) theme parks and growth from its three streaming services (Disney+, Hulu, ESPN+) wasn't enough to push the stock higher in 2021. The stock price is currently down 14.5% year to date, trailing the 27% return of the S&P 500 index.
The parks segment has recovered well, with revenue nearly doubling year over year in the fiscal fourth quarter. But slowing growth from Disney's marquee streaming service, Disney+, caused the shares to slump toward the end of the year. Here's why the stock should bounce back in 2022.
Source Fool.com