Topics

Posted 9/19/2023, 1:49:00 PM

Disney Shares Drop After Unveiling $60B Plan to Aggressively Expand Parks and Cruises

Disney shares fell 3% after unveiling $60B plan to double investment in theme parks over 10 years.
Plan aims to evolve parks into more potent profit engine amid questions over media assets.
Parks revenue is on pace to reach $32.3B this year, up from $23.5B in 2017.
Company sees significant room for expansion with over 1,000 acres for future development.
Growth strategy also includes nearly doubling cruise ship capacity and new Asia-Pacific homeport.

deadline.com

Relevant topic timeline:

8/21/2023

Disney: Market Pessimism Doesn't Make Much Sense To Me (NYSE:DIS)

Disney's stock performance has been disappointing, with investors unsure how to value the company's diversified asset base, leading to a depressed valuation; however, high-conviction investors may find current levels attractive for adding exposure.

8/24/2023

Disney falls further, AMC drops as market awaits stock conversion

Disney's stock is on course to reach its lowest level since 2014, showing a significant drop in market capitalization since Bob Iger returned as CEO, while AMC's stock is falling as investors anticipate its stock conversion.

8/24/2023

Disney’s stock flirting with lowest close in nearly 9 years

Shares of Walt Disney Co. are nearing their lowest close since 2014, trading at $83.95 and down 2.2% in Thursday morning action, marking a 58% decline from its all-time high in March 2021.

8/24/2023

Disney Stock Hits New 52-Week-Low

The Walt Disney Company stock dropped to a new 52-week low, reaching $83.02, down over 3%.

8/25/2023

Disney stock crash as DIS shares hit lowest closing price in 9 years

The shares of Walt Disney continue to decline due to recent controversies and a decline in subscribers, but analysts still believe the stock price can recover with a target price of $110.71.

9/5/2023

How Much Is ESPN Worth? Not Enough to Make Disney Stock a Buy, This Analyst Says.

KeyBanc analyst says that the upcoming disclosure of ESPN's financials by Walt Disney may disappoint investors, suggesting that Disney stock may not be a good buy.

9/6/2023

AMC stock falls sharply after announcing plan to sell over 40M shares

Shares of AMC Entertainment fell over 35% after the company announced plans to sell more than 40 million common shares, following its recent 1-for-10 reverse stock split and a decline of 84% in the last year.

9/7/2023

Disney Stock Falls to a Nearly 10-Year Low. Why It’s Still a Buy.

Disney stock is experiencing a decline, but it is still considered a good investment despite Charter Communications' request for Disney to reconsider its cable bundle.

9/8/2023

Dispute with Disney Hurts Charter Stock, But Analyst Says It's a Buy

Charter Communications' stock has fallen during the dispute with Walt Disney, but one analyst believes it is a buy.

9/19/2023

Disney to Invest $60 Billion in Parks and Cruises Over 10 Years Despite Recent Struggles

Disney plans to nearly double its investment in its theme parks to around $60 billion over the next decade, with the company relying on its brands and intellectual property to expand internationally, as its domestic parks face a slowdown in attendance and hotel bookings.

9/19/2023

Disney Stock Slumps Below $100 But Analysts See Upside Amid Theme Park Investments

Despite Disney's struggling stock price and various concerns, analysts remain optimistic about the company's future and believe that the current low price presents a valuable opportunity for investors.

10/6/2023

Analysts Advise Buying Disney Stock While It's Undervalued

Walt Disney received positive recommendations from analysts to buy the stock due to its impressive streaming services and resilient theme park business.

Topics

Posted 9/19/2023, 1:49:00 PM

Disney Shares Drop After Unveiling $60B Plan to Aggressively Expand Parks and Cruises

Disney shares fell 3% after unveiling $60B plan to double investment in theme parks over 10 years.
Plan aims to evolve parks into more potent profit engine amid questions over media assets.
Parks revenue is on pace to reach $32.3B this year, up from $23.5B in 2017.
Company sees significant room for expansion with over 1,000 acres for future development.
Growth strategy also includes nearly doubling cruise ship capacity and new Asia-Pacific homeport.

deadline.com

Relevant topic timeline:

8/21/2023

Disney: Market Pessimism Doesn't Make Much Sense To Me (NYSE:DIS)

8/24/2023

Disney falls further, AMC drops as market awaits stock conversion

8/24/2023

Disney’s stock flirting with lowest close in nearly 9 years

Shares of Walt Disney Co. are nearing their lowest close since 2014, trading at $83.95 and down 2.2% in Thursday morning action, marking a 58% decline from its all-time high in March 2021.

8/24/2023

Disney Stock Hits New 52-Week-Low

The Walt Disney Company stock dropped to a new 52-week low, reaching $83.02, down over 3%.

8/25/2023

Disney stock crash as DIS shares hit lowest closing price in 9 years

The shares of Walt Disney continue to decline due to recent controversies and a decline in subscribers, but analysts still believe the stock price can recover with a target price of $110.71.

9/5/2023

How Much Is ESPN Worth? Not Enough to Make Disney Stock a Buy, This Analyst Says.

KeyBanc analyst says that the upcoming disclosure of ESPN's financials by Walt Disney may disappoint investors, suggesting that Disney stock may not be a good buy.

9/6/2023

AMC stock falls sharply after announcing plan to sell over 40M shares

9/7/2023

Disney Stock Falls to a Nearly 10-Year Low. Why It’s Still a Buy.

Disney stock is experiencing a decline, but it is still considered a good investment despite Charter Communications' request for Disney to reconsider its cable bundle.

9/8/2023

Dispute with Disney Hurts Charter Stock, But Analyst Says It's a Buy

Charter Communications' stock has fallen during the dispute with Walt Disney, but one analyst believes it is a buy.

9/19/2023

Disney to Invest $60 Billion in Parks and Cruises Over 10 Years Despite Recent Struggles

9/19/2023

Disney Stock Slumps Below $100 But Analysts See Upside Amid Theme Park Investments

10/6/2023

Analysts Advise Buying Disney Stock While It's Undervalued

Walt Disney received positive recommendations from analysts to buy the stock due to its impressive streaming services and resilient theme park business.