Is ESPN Holding DIS Stock Back?
Though not exactly widely known for it, for the media powerhouse Walt Disney Co (NYSE:DIS), sports are a big deal.
Remember that DIS stock owns ESPN, so "Friday Night Football" has a lot more in common with Mickey Mouse than you would think on first consideration. But some analysts are suggesting that it would be in DIS stock's best interest to get back to what it does best (media) and sell off ESPN, which may suffer as people continue to cut their cable cords.
DIS stock shot up by 1.5% on Monday after.
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Though not exactly widely known for it, for the media powerhouse Walt Disney Co (NYSE:DIS), sports are a big deal.
Remember that DIS stock owns ESPN, so "Friday Night Football" has a lot more in common with Mickey Mouse than you would think on first consideration. But some analysts are suggesting that it would be in DIS stock's best interest to get back to what it does best (media) and sell off ESPN, which may suffer as people continue to cut their cable cords.
DIS stock shot up by 1.5% on Monday after.
Den vollständigen Artikel lesen ...