|Day's range||27.50 - 27.50|
The stock market wiped a whopping $500 billion-plus in market capitalization from the world's biggest media, cable, and entertainment giants in 2022.
A brand new roller coaster, Bob Iger's first annual shareholder meeting since his return to the helm, and new content for the silver screen and home screen will make the month ahead worth watching for Disney investors.
Walt Disney (NYSE: DIS) just raised prices for its streaming subscribers at the end of last year, but Marvel and Star Wars fans could get pinched for even more in the near future. "I think one of the key things that we have to figure out is a pricing strategy that makes sense," CEO Bob Iger said at a recent investor conference. Iger is looking to balance pricing with subscriber growth to push Disney+ and its other streaming efforts toward profitability over the next couple of years.