Walt Disney (DIS) stock is showing signs of life again vs the broader market, but long-term shareholders might be forgiven if they've grown impatient with their returns.
Disney stock is in the midst of a lost half-decade, trailing the broader market every year since 2021. Massive investments in streaming services finally eked out a small profit in 2024, but not enough to make up for declines in Disney's linear networks. Cord-cutting is gutting of cable subscriptions, undercutting once-reliable profit engines such as ESPN and ABC.
