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What happened to Disney today?

Earnings came in and were received very well, +6% at open. Throughout the day, the stock kept slipping all the way to -2%. I burned myself hard trying to time the dip, lost 4k.
Wtf happened? Iger said the right things, reorganization and dividend end of year. Peltz stopped his takeover. I found nothing of news that'd make it tank like this other then an off hand comment from Iger about selling Hulu
$Netflix(NFLX.US)$ $Disney(DIS.US)$
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  • 股市大叔 : Already priced in . The current price is already included all the positive news and qr result. What u expect?

  • BC_76 : I am glad they announced cost cutting and dividends return. At least, it's a good start for future share price recovery. Volatility still will be there, we buy when we deem there's value and growth. Same opinions for Google which got slammed for AI related hypes.  Dyodd.

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