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Earnings Outlook: Disney+ subscriber growth is slowing down, and so is the stock – Vested Daily

Earnings Outlook: Disney+ subscriber growth is slowing down, and so is the stock

November 8, 2021

Walt Disney Co. bounced back last quarter with booming theme-park and movie results that had earnings and sales soaring, superhero-like, from a pandemic-depressed slump.

However, the one Disney DIS offering that helped the entertainment giant withstand the COVID-19 pandemic’s withering effects on its other businesses, the Disney+ streaming service, may be headed the other way. When Disney announces fiscal fourth-quarter results Wednesday, expect a big slowdown in subscriber growth and lots of questions about Disney’s content…

This post was originally published on Market Watch