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Disney Stock Market and D23

DManRightHere

Well-Known Member
Original Poster
I've been peaking at the stock every now and then. Ever since the expansion announcements Disney stock is drooping.

Anyone have a guess how low it might go?

Do you think this is directly related to the expansion announcements?

I know today may be a different story, but it did seem to start dropping the day after D23.
 

tractorm3

Active Member
My wife and I are shareholders and it has dropped hard! When we saw it blew 100 we actually bought a ton more. It will recover......
 

DManRightHere

Well-Known Member
Original Poster
Man! Disney actually held their own very well compared to the other big stocks yesterday! I don't know much of stocks but I wish I bought my wife some shares when I was looking a few years ago at $25! I might buy some at $60, but I doubt it'll drop that low.
 

216bruce

Well-Known Member
Before the last few days when everything tanked, most media related stocks were tumbling. Mostly due to the fact that investors/speculators are realizing that how video and programming are delivered is in a huge state of flux right now. So, any television related stock (Disney and ABC networks) was part of this. We were due for our every 7-8 year market correction. Short term will be tough....
 

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