Disney Remains a Horrible Wreck
Briefly

"Walt Disney Co. remains one of the great stock market wrecks in recent public corporation history, and management changes have not helped desperate investors."
"The stock is down 37% in the past five years, while the S&P 500 is 105% higher... It is down 23% in the past two years, while the S&P 500 is 38% higher."
"Disney recently had a huge hit at the box office with 'Deadpool & Wolverine,' which has sold more tickets than any R-rated movie in history. It will take more than that to offset a string of mediocre releases."
"Disney's most recent earnings are not expected to be bested when new results are released. Revenue rose only 1% to $22.1 billion, with a net loss compared to a gain in the year-ago period."
Read at 24/7 Wall St.
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