Disney is leaning back
The shareholders of the Walt Disney Company (NYSE: DIS) have every reason to be disappointed with the company's latest quarterly report. The main negative point of this release was the end of profit growth, which previously pushed the company's shares to a record high. The Mickey House shares experienced its worst session almost four years after the company failed to live up to its earnings predictions for the quarter that opened the most anticipated theme park attraction in the company's history. The shares eased by almost 5%, although the company partially recouped the losses, completing trading at $ 137.89. The corporation's US fleet revenue dropped in the fourth quarter after the opening of the Star Wars: Galaxy's Edge theme zone in Anaheim, California, which failed to attract enough visitors by pulling the segment down. Another disappointment was the poor performance of the film division. Despite the releases of Avengers: The Finale (the highest-grossi...