The quarterly report of Walt Disney made the shares of the company fall by 7%. Investors lost confidence because the number of new paid subscribers began growing more slowly. For the first time over the quarantine, the segment of entertainment parks made a profit. Tech analysis of Walt Disney shares for 15.11 2021.
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The shares of Walt Disney, Airbnb, and Palantir reacted to their own quarterly reports differently. The highest growth was demonstrated by Palantir. Tech analysis of Walt Disney, Airbnb, and Palantir shares for 16.08.2021.
Walt Disney reported the results of Q2, financial 2021. The revenue dropped by 13% but the net profit grew by 95%. However, the number of paid subscriptions turned out to be inferior to the expectations of analysts. Walt Disney shares dropped by almost 3%.
There are plenty of companies and corporations in the entertainment sphere, and all of them are noticeable to some extent. However, today I have picked up the companies that are suffering from COVID-19, as many others are, but manage to stay the course. Its The Walt Disney Company (NYSE: DIS) and Sony Corporation (NYSE: SNE).
In November, Disney stocks renewed their historical maximums and set a new record of $152.49 per stock. The catalyst for the growth was the launch of a streaming service Disney+.
On August 6th Walt Disney Company (NYSE: DIS) submitted its financial report for the second quarter of 2019. According to the report, the company's income has reached record levels, amounting to 20.25 billion USD; however, it has not matched the forecast level of 21.46 billion USD, which led to a steep decline of the stock price by 5%.