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StockNews.com
StockNews.com
Business
Subhasree Kar

Disney (DIS) Magic in October: Buy or Sell?

DIS Disney Walt Disney Company

The Walt Disney Company (DIS) is set to significantly bolster investment in its thriving parks business, with an estimated $60 billion. This decision comes as Disney continues to grapple with the rapidly evolving landscape of media and entertainment, while striving to boost the profitability of its streaming services. Recent quarters have seen a drop in subscriber numbers for Disney+.

The company reported 146.1 million Disney+ subscribers in its most recent quarter, a 7.4% decline from the previous quarter.

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