Could Disney Stock Recover in 2023?

·4 min read
Could Disney Stock Recover in 2023?

With a market capitalization of $173 billion and a world-famous brand, there's no question that Walt Disney (NYSE: DIS) is not only a consumer favorite, but also a popular stock among investors. As of this writing, Disney's stock is down 53% from its all-time high set in March 2021, despite being up 9% so far this year. For a sense of what is going on at Disney, we should analyze the different business lines.