Disney had a quarter full of records. But a YouTube dispute and tourism weigh on the stock
Business News
Disney had a quarter full of records. But a YouTube dispute and tourism weigh on the stock
Disney's hits keep coming, setting new records. But a YouTube fight, higher expenses, and weaker global travel to the U.S. affect profits
ByCatherine Baab
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Published 12 hours ago|Updated 10 hours ago
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Thomas Fuller/NurPhoto via Getty Images
Disney $DIS -7.40% just delivered a strong quarter, with total revenue topping $26 billion and the search for CEO Bob Iger’s replacement apparently in its final innings. Still, the stock fell 7% on the news, even as the broader market rose.
Here's what to know.
Disney’s hit parade
The words........
