The Walt Disney Company Stock Drops to $100

Stock for The Walt Disney Company dropped all the way to $100.08 today, May 20, 2022. At the close of the market, it stood at $102.42. It previously closed at $103.15.

Last month, the stock hit $119, already the lowest it had been in over a year. The stock eventually dropped to $104.79, before it began to slowly rise after the company’s 2022 second quarter earnings call. Disney’s stock peaked last year at $201.91 on March 8, 2021 before settling around the $170-180 range between June and November. Since November, Disney’s stock has slowly slipped over time, save for a couple of short jumps in value.

Disney posted $19.2 billion in total revenue for Q2, with $6.7 billion from the Parks, Experiences and Products division.

It seems the second quarter results were not enough though, as the stock has begun to sink once again.

For the latest Disney Parks news and info, follow WDW News Today on TwitterFacebook, and Instagram.

The post The Walt Disney Company Stock Drops to $100 appeared first on WDW News Today.