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DIS - Disney: Continued Stagnation Amid Failed Proxy Bid
The Walt Disney Company
2024-04-17 17:45:06 ET
Summary
Disney stock has rallied due to the promise of changes via the proxy battle. Bob Iger's re-election into the board raises doubts about the implementation of the changes needed.
Disney's focus on aggressive cost-cutting and streaming profitability may indicate a plateau in Disney+ subscribers and limited growth potential.
I will be watching the results for the company’s upcoming movies and shows to gauge fan excitement for Disney IP.