|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||66.25 - 66.92|
|52 Week Range||66.25 - 66.92|
|PE Ratio (TTM)||54.05|
|Dividend & Yield||0.72 (1.07%)|
|1y Target Est||N/A|
Walt Disney Co (NYSE: DIS ) shares have been drifting lower by more than 7.7 percent since the beginning of the month, and some investors have attributed much of the weakness to the company’s recent announcement ...
Netflix shares fell only five percentage points this past week, even as the company’s key vulnerability was laid bare for investors—twice. Walt Disney, a vital source of Netflix content, said it will pull Disney and Pixar movies and shows after next year to start its own streaming service. For now, it’s far from a threat to the runaway leader in subscription streaming, but then, when Netflix was founded 20 years ago this month, it was far from a threat to Blockbuster.
The entertainment giant insists it's not playing defense with its new streaming plans, but it certainly looks that way