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Disney, Uber, Starbucks, And McDonald's Send A Powerful Signal To Investors But Momo Crowd Oblivious

Benzinga ·  May 8 11:13

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Consumer Pulling Back

Please click here for an enlarged chart ofWalt Disney Co(NYSE:DIS).

Note the following:

  • This article is about the big picture, not an individual stock. The chart of DIS is being used to illustrate the point.
  • The chart shows the drop in DIS stock on earnings.
  • Overall, Disney earnings were good. The reason the stock was hit is because Disney projects operating income for its Experiences segment which consists of parks will show no growth in the June quarter vs. a consensus of...
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