DIS (Disney) will fall 10%+ on earnings because:
1.They’ll announce they are no longer reporting subscribers from Disney+. We’ve seen NFLX and META pull this resulting in a steep decline in their respective prices
2.Disney+ like many other streaming services has already started to plateau in terms of subscriber growth. The result will be a less than stellar guidance going forward which will drop the price and expectations going forward
3.Guidance for their park attendance will be lower than expected due to the current economic downturn we are experiencing. With increasing joblessness parents will be forced to cut on trips to Disney in order to save money forgoing a trip to the parks in line with reduced discretionary spending
4.I bought calls
2.Disney+ like many other streaming services has already started to plateau in terms of subscriber growth. The result will be a less than stellar guidance going forward which will drop the price and expectations going forward
3.Guidance for their park attendance will be lower than expected due to the current economic downturn we are experiencing. With increasing joblessness parents will be forced to cut on trips to Disney in order to save money forgoing a trip to the parks in line with reduced discretionary spending
4.I bought calls
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
BC_76 : if you think Disney will fall, you bought calls for?
Agon BC_76 : He stole this piece of Reddit
102414450 : I also bought a phone, so now I'm losing money