Disney shares are trading lower amid overall market weakness. The stock has also been under pressure amid the SAG-AFTRA strike.
Portfolio Pulse from Benzinga Newsdesk
Disney shares are trading lower due to overall market weakness and the ongoing SAG-AFTRA strike.

August 24, 2023 | 6:36 pm
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Disney's stock is trading lower due to overall market weakness and the SAG-AFTRA strike.
Disney's stock is under pressure due to two factors: overall market weakness and the ongoing SAG-AFTRA strike. The market weakness is a broader issue affecting many stocks, while the strike is a specific issue affecting Disney. The strike could potentially disrupt Disney's operations and negatively impact its revenues, which is likely causing investor concern and putting downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100