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Disney's Streaming Business Is Finally Profitable. So Why Is the Stock Down?

By Neil Rozenbaum – May 7, 2024 at 10:00AM

The market remains skeptical of Disney's stock, and that might present an opportunity for investors.

In this video, I will be going over Walt Disney's (DIS +1.57%) second-quarter earnings report, which showed great progress on profitability.

*Stock prices used were from the trading day of May 6, 2024. The video was published on May 7, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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