By Brian M. Reiser There’s a trend happening with the movies. And Disney’s latest Investment Day announcements indicate that it will be a massive player in the direction of the entertainment industry. This has the potential to lead to massive stock gains down the road.
Unfortunately, due to COVID-19, movie theater stocks are deeply in trouble. Box office grosses have plummeted to, well, not zero but something not much better.
Disney is showing its hand: streaming will be the future of movies. Theaters may survive but likely in a somewhat limited role. Here’s what’s going on with Disney and its stock.
Disney Investors Day Announcement Reveals Tons …read more
