Walt Disney Co. (NYSE:DIS) is facing a lawsuit from shareholders alleging that the company hid losses from its Disney+ streaming business to meet high subscriber targets. The company's shares are near multi-year lows due to various fundamental issues, including a drop in theme park attendance and challenges in its streaming business. The company's direct-to-consumer business, including Disney+, ESPN+, Hulu, and Hotstar, reported a wider operating loss of $1.47 billion in Q4 2022, causing the stock to fall over 13%. Disney is also involved in a legal dispute with Florida Governor Ron DeSantis over its opposition to the state's “don't say gay” law.