September 21, 2021 Sophia Vida
Hot Stocks

Disney Shares Fall as CEO Gives Dismal Warning About Q4

Shares of Disney took a tumble on Tuesday after the company’s CEO Bob Chapek had warned that fourth quarter subscriber growth is lower than estimates. Deutsche Bank analyst Bryan Kraft had projected Disney+ net adds of about 13 million in the quarter. Disney has projected 230 million to 260 million Disney+ subscribers by 2024. Disney … Continue reading “Disney Shares Fall as CEO Gives Dismal Warning About Q4”