Disney Shares Plunge Nearly 10% as Bob Iger Warns about Future Profitability, Decreases Marvel Output

By: David Ng · David Ng — May 7^th 2024 at 10:23

Shares of The Walt Disney Company plunged more than 9 percent Tuesday morning as CEO Bob Iger signaled that Disney still facies a tough road ahead as it continues to pull itself out of its recent financial doldrums.