Disney (DIS) Stock - Disney+ Subs & Revenue Miss! Time To Buy Disney Stock Now?

Today we look at #DISNEY #DIS #Stock. The company announced today that some films will be returning to theaters which is one segment of the business that remains under pressure along with the parks. Disney+ has grown tremendously over the past year - but remains unprofitable. We discuss how Disney will ease off the advertising of Disney+ and potentially raise prices in the future - which should print lots of operating income from this business segment. Then we discuss the Disney stock price. The $170 level in Disney shares is actually a key level technically, and if it breaks that level with any level of momentum and it’s likely this stock could come into the $150 range.

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