The entertainment giant Walt Disney (NYSE: DIS) stock hits a fresh 52-week low of $106.48 on Monday. Disney shares have fallen almost 30% since the beginning of the year. The stock dropped another 3% on Monday ahead of the earnings report.
Walt Disney is scheduled to report second-quarter financial results after the U.S. markets close on Wednesday, May 11. The company is expected to post quarterly earnings of $1.19 per share and revenues are expected to be $20 billion.
Read the detailed report here - https://gulfbrokers.com/en/stock-to-watch-this-week-dis