Disney Stock Tumbles On Weak Guidance After Earnings Fall; CEO Succession Nears End
Disney Stock Tumbles On Weak Guidance After Earnings Fall; CEO Succession Nears End | Investor's Business DailyBREAKING: [Futures Mixed; AMD, Lumentum Lead Earnings Late]---Disney (DIS) reported lower-than-expected fiscal third-quarter earnings that topped expectation. But the Dow Jones entertainment giant gave cautious guidance. Disney stock fell more than 7% on Monday. Rumors swirled about a possible end to its yearslong search for replacement for CEO Bob Iger, with parks chief Josh D'Amaro seen getting t ...