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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.

The new "Star Wars" original series releases Dec. 29 on Disney+. Image source: Walt Disney.

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Source Fool.com

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