Media and entertainment company The Walt Disney Company (DIS) recorded 2022 as the worst year since 1974 as it struggled with changing CEOs, the high cost of streaming, and other macro headwinds. Shares of DIS have declined 20% over the past six months and 30% over the past year. Amid continued macroeconomic turbulence, the stock is expected to plunge further.
In this piece, I have mentioned various reasons why it could be risky to invest in this entertainment stock.
