Disney shines on box office hits; stock dips as Q3 earnings miss

Entertainment conglomerate Walt Disney Company (DIS) closed its eventful third quarter on a positive note, with earnings registering double-digit growth on broad-based revenue growth. However, the results fell short of analysts’ forecast, sending the company’s stock down by 3% in Tuesday’s extended trading session. The report comes more than a week after Disney secured shareholders’ … Continue reading Disney shines on box office hits; stock dips as Q3 earnings miss