Disney stock has plunged 45% this year, putting it on track for its worst performance in nearly 5 decades

Dec 20 2022 by Business Insider

 
Disney CEO Bob Iger.

Photo by Drew Angerer/Getty Images

Disney stock is down 45% this year and on track for its worst annual performance since 1974. The shares have been hit by pandemic disruptions, management issues, and the wider market downturn. The media giant's shares are trading close to an eight-year low.

Disney stock has plunged 45% this year, leaving it poised to deliver its worst annual performance in nearly five decades, as a profusion of challenges continues to bedevil the media...

Continue Reading Disney stock has plunged 45% this year, putting it on track for its worst performance in nearly 5 decades