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Business

AJ Fabino

Disney’s Stock Ratings Plunge After Negative Earnings Were A Contributing Factor

Disney Bob Chapek Bob Iger Ron DeSantis Florida ESPN

In this photo illustration, logo of Disney+ is displayed on mobile phone screen in front stock exchange screen. Disney stock receive bad ratings from McQuarie Research with negative earnings and political fallouts under the Bob Chapek era. HAKAN NURAL/BENZINGA

There are too many structural and macro headwinds at The Walt Disney Company (NYSE:DIS) to support its previous rating, Macquarie Research told investors Friday.

As a result, analysts at the firm downgraded the stock accordingly.

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