Walt Disney Co. (DIS) shares are falling Tuesday, following the company’s mixed second quarter results. To provide insights into the future trajectory of Disney’s business, Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan joins Wealth!
Despite being mixed, Disney’s second-quarter results were "pretty good," Ranganathan says. The analyst highlights the strength of Disney’s streaming business, but points out that the company’s parks business is "spooking investors" as concerns mount over its growth potential.
On the streaming front, Ranganathan expresses optimism regarding Disney’s impending crackdown on password sharing. She believes this strategic move will boost the company’s subscriber count and profitability.
#youtube #stockmarket #Disney
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