What's Going On With Disney Stock Today?
Portfolio Pulse from Ryan Gustafson
Shares of The Walt Disney Company (NYSE:DIS) are trading lower amid overall market weakness and the ongoing SAG-AFTRA strike. The strike, which began after the union failed to reach an agreement with the Alliance of Motion Picture and Television Producers, has the potential to disrupt the industry, halt production, and impact release dates. Disney's stock has reached a nine-year low as a result.

August 24, 2023 | 7:48 pm
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NEGATIVE IMPACT
Disney's stock is under pressure due to the ongoing SAG-AFTRA strike and overall market weakness. The strike could disrupt the industry and impact release dates, pushing Disney's stock to a nine-year low.
The ongoing SAG-AFTRA strike and overall market weakness are negatively impacting Disney's stock. The strike could disrupt the industry, halt production, and impact release dates, which would likely result in a decrease in Disney's profits and thus negatively affect its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100