DIS is now trading below the price it held prior to Covid. It didn’t even have D+ at that time.
And we’re now setting up for possibly/likely Disney’s best park season ever. Everything is going to be up – attendance, prices, total spend.
But with all that being said – knee jerk reaction on any streaming bad news could also pull down (or hold back) the entire stock.
But in my opinion that’s just a better buying price for those willing to hold another quarter.
I just started a new position the other day @127. I’ve zero worries about investing in DIS at that price. With the current year’s setup – I’d be beyond shocked if I don’t have a decent return by year’s end.