
No magic for Disney investors
CNN
Disney investors aren't having as awful a year as Netflix shareholders. But that's not saying much.
Netflix's stock (NFLX) has plunged more than 40% this year, ahead of its first quarter earnings release after the closing bell Tuesday. Meanwhile, shares of Disney (DIS) have dropped nearly 15% so far in 2022. That makes Disney one of the worst performers in the Dow, which is down just 4% this year.
Both companies have been plagued by concerns about streaming competition and the fierce battle for subscribers.
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