What's Going On With Disney Shares
Portfolio Pulse from Henry Khederian
Walt Disney Co (NYSE:DIS) shares have fallen by 4.3% over the past five sessions, possibly due to the ongoing SAG-AFTRA union strike and commentary from streaming peer Netflix. The strike could increase production costs and disrupt content production, potentially impacting Disney's profitability, cash flow, and ability to generate revenue.
July 20, 2023 | 3:40 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Disney's stock has fallen due to the ongoing SAG-AFTRA strike and comments from Netflix. The strike could increase production costs, disrupt content production, and impact Disney's profitability and revenue generation.
The ongoing SAG-AFTRA strike could increase Disney's production costs and disrupt content production, which could negatively impact the company's profitability and ability to generate revenue. This, combined with comments from Netflix about lower cash content spend, could be contributing to the decline in Disney's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100