If you own Disney stock and had been sadly watching it drop in value over the last few months, you can safely open your investing apps and look at the value of the stock now without crying. 😆
In June and for some time after that, Disney stock hit some new LOW values for 2022. These numbers were a far cry from the highs seen in 2021, especially the incredibly high values from March of 2021. But, ahead of Disney’s Q3 earnings call for fiscal year 2022, stock values started to go up. And now it seems like the news Disney presented during the earnings call has encouraged investors to once again believe in the power of the Mouse and the Most Magical Place on Earth.