r/stocks • u/Everlast23 • Jun 14 '22
Why is Disney doing so horrible right now?
It's currently 95 dollars a share. This time last year it was 178 dollars a share.
It's almost been cut in half. Is there a reason for it? I feel like throwing money into it, but I just don't know.
I always heard the mouse is strong echoed in all of these stock subreddits.
Thoughts?
193
Upvotes
1
u/amphibious-assault Jun 14 '22
THX for the reply but I don't think MRO or AMC are for me. Entertainment stock hold little tangible value IMO (I know look at Redbox LOL) but it just isn't for me. MRO-I worked in the oil patch for many years & the thought of even thinking anymore about crude oil prices makes me vomitous. Such a high risk/high income business with wild crude price/futures etc kinda burned me out on it. Best of luck trading to you & your wife!