Walt Disney Company's Stock DROPS Under $100 During Earnings Call

The Walt Disney Company has definitely had some struggles over the past couple of years, like a lot of other major companies around the world.

©Disney

They lost a ton of money when the theme parks had to be shut down due to the global pandemic, but we have seen revenue increase. We have also seen their stock prices fluctuate a lot. And today, Disney’s stock went down again.

The Walt Disney Company stock price has dropped to under $100 for the second time in 2022. Today, November 8th, Disney’s stock was trading at $99.90. The drop happened during the Quarter 4 earnings call that Disney held this afternoon.

The first time this happened in 2022 was back in June. On June 22nd, the Walt Disney Company stock was trading at around $93.12, which was the lowest it had been so far this year.

Disney’s stock prices were declining from the beginning of 2022, when values were about $150 per share. In April of 2022, the numbers dropped down to around $117.

For more on the earnings call, check out the updated Disney+ subscriber numbers and how much money Disney is REALLY making according to the Q4 earnings call.