Experts Explain Why Disney's Stock is Close To Its Five Year Low

While Disney World is the happiest place on Earth, Disney investors and executives aren’t too happy right now.

Between a decline in  park attendance, a strike, and a drawn-out battle with Florida Governor Ron DeSantis, Disney’s got many problems right now.

Decrease in Ticket Sales and Attendance

July 4th weekend was the lowest in decades and Disney said to investors they are expecting lower park crowds in the upcoming quarter as well.

It's So Dire They Actually Put Tickets on Sale

Disney never puts their tickets on sale. But they did earlier this summer -  adult tickets for the price of children's.

Earlier this year they said that their part in the culture wars wasn't impacting their business, but recent comments show the tide may have turned.

So Is Go Woke, Go Broke True?

Even though the S&P 500 Index has jumped double digits, Disney’s stock is almost at its 5-Year Low. Market opening on Friday, July 21st, saw Disney’s stock at 86.54, nearing its 5-year low of 84.07.

 Stock Close to 5 Year Low

Disney's business is large and the parks are just one part. Experts weigh in on what pieces are dragging their business down. And if a quick pick-up looks likely.

 So What Is Going On?

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