May 16, 11:03 AM

Disney Stock Falls 12% After Conference, Secondary Priced at Euro 6.50, Impact on ESPN DTC Offering

Walt Disney's stock, symbol $DIS, fell after a conference where comments were made. The company priced a secondary offering at Euro 6.50, resulting in a sharp decline of -12% in shares. Despite positive reports and raised guidance, the stock underperformed, leading to concerns about the impact on ESPN's direct-to-consumer offering.

#Walt Disney #ESPN

Written with ChatGPT (GPT-3).

Sources

Alex Morris (TSOH Investment Research)@TSOH_Investing
2 years ago
Today's TSOH Investment Research - Disney: "Driving Engagement" https://t.co/2nqsiRfdFF
Hedge@HedgehogPlus
2 years ago
$DIS - how does this dovetail into @ESPN stand alone full DTC offering https://t.co/XVHwPcNslW
Hedge@HedgehogPlus
2 years ago
$DIS - just like that Street flips the script after the proxy vote run @RobertIger delivers big Q1 report, raises guidance in the Q2 report - and they hammer the stock. Now back to near record underperformance Siths are back DIS:SPY ratio chart - @mmontuori @OrangeGrove55 https://t.co/X8FnOvZCt0

Disney Stock Falls 12% After Conference, Secondary Priced at Euro 6.50, Impact on ESPN DTC Offering

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