Market Overview

Why Disney's Stock Is Trading Lower Today

Share:
Why Disney's Stock Is Trading Lower Today

Walt Disney (NYSE: DIS) shares are trading lower on Monday amid overall market weakness as stimulus and political uncertainty in the U.S. as well as growing coronavirus concerns in Europe have weighed on stocks.

Walt Disney makes live-action and animated films under studios such as Pixar, Marvel, and Lucasfilm and also operates media networks including ESPN and several TV production studios.

Disney recently reorganized into four segments with one new segment: direct-to-consumer and international. The new segment includes the two announced OTT offerings, ESPN+ and the Disney SVOD service. The plan also combines two segments, parks and resorts and consumer products, into one.

Disney shares were trading down 3.62% at $123.98 on Monday at the time of publication. The stock has a 52-week high of $153.41 and a 52-week low of $79.07.

 

Related Articles (DIS)

View Comments and Join the Discussion!

Posted-In: why it's movingNews

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com