Disney’s Stock Craters After Earnings Call
Inspiring performance Bob.Disney's Q2 earnings call was today and I think it spoke for itself. I suspect some of this was put options being exercised. Everybody knew that the price of Disney stock had been artificially inflated because of Nelson Peltz's bid to get on the Disney BOD. Which means there were a lot of sell orders with a hair-trigger.Now that Iger's job is safe for another year, the investors have finally started badgering him about Marvel's disastrous performance. And he really didn't...