With a year-to-date loss of 19.4% as of April 23, Disney (DIS) is among the bottom five constituents of the Dow Jones Industrial Average Index ($DOWI). Disney has been a consistent underperformer over the last few years, and while the stock’s returns were in line with broader market last year, it underperformed in the previous three years.
In response to underperformance under former CEO Bob Chapek, Disney brought back his predecessor, Bob Iger, to head the company in November 2022. The stock initially rose following the announcement, but now trades below the levels when Iger took over.
