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Disney sinks on subscriber loss. Here’s what the experts say to do next

Garry Wills by Garry Wills
May 11, 2023
in Business Finance
Disney sinks on subscriber loss. Here’s what the experts say to do next
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Market Movers rounded up the best reactions from investors and analysts on Disney after it announced its fiscal second-quarter earnings . The experts, including Jim Cramer , discussed the company after it reported losing four million streaming subscribers. The news sent the stock plummeting 8.7%, even though earnings and revenue for the quarter were in line with Wall Street estimates.

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