Disney (NYSE:DIS), the world-renowned entertainment conglomerate, has been creating beautiful memories for its millions of fans for almost a century. But DIS stock also carries the responsibility of satisfying company shareholders and managing expectations — especially through tough times. And lately, it hasn’t been carrying that responsibility as well as many investors would like.
That’s not to say this is a bad stock. DIS stock has been publicly listed since 1957 and has returned over 100,000% from the time when the company started trading at the New York Stock Exchange (NYSE). Its current market capitalization is $276 billion, down from the all-time high $366 billion. The large-cap heavyweight, is presently ranked as the 28th largest company globally.
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