
From its February 2023 high of $118.18 to its 2023 low of $79.75 in September, Walt Disney (DIS) stock is down 33%. It hasn’t consistently traded at this level since 2014.
Every time something good happens to Bob Iger and the rest of its management team -- the company signed a multi-year with cable company Charter Communications (CHTR) that eliminates what could have been a costly battle over distribution rights for Disney+ -- something bad seems to rear its ugly head.