Down 21%, Is Walt Disney Stock a Buy Today?

·3 min read
Down 21%, Is Walt Disney Stock a Buy Today?

Walt Disney (NYSE: DIS) recently posted its third-quarter earnings digest, and all is good in the neighborhood for the world-class entertainment business. Keeping that in mind, let's dive into Walt Disney's current situation to determine if it's a logical investment. Walt Disney posted third-quarter earnings on Aug. 10, delivering an impressive performance despite concerns that high inflation would undermine consumer spending.