The Traderszone Network

Published in TZ Latest News 12 September, 2017 by The TZ Newswire Staff

Is Walt Disney Co. Losing Its Magic?

Disney (NYSE: DIS) shares recently dipped below $100 for the first time this year, after the House of Mouse warned that its full-year earnings would be roughly flat and miss analyst estimates for 3% growth. Meanwhile, Hurricane Irma’s approach forced Disney to close Disney World in Orlando, which generates about $30 million in revenue daily.

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