Previous close | 7.51 |
Open | 7.51 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 305.00 |
Expiry date | 2022-11-18 |
Day's range | 7.51 - 7.51 |
Contract range | N/A |
Volume | |
Open interest | 290 |
Yahoo Finance reporter Allie Canal explains why more customers are canceling their streaming subscriptions as costs rise and more competitors enter the mix.
Disney's (NYSE: DIS) stock recently rallied to its highest levels in nearly four months following its third-quarter earnings report. Why did Disney underperform the market? Disney struggled with three major headwinds over the past few years.
Walt Disney (NYSE: DIS) blew the market away with its second-quarter earnings report. It not only beat Wall Street predictions on its top and bottom lines but also catapulted the entertainment giant into the lead over rival Netflix (NASDAQ: NFLX) by adding 14.4 million new subscribers to its Disney+ streaming service. Disney now has 221.1 million subscribers to its various streaming services, compared to 220.7 at Netflix.