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Should You Buy Disney Stock if It Breaks Below $100?
DisneyDisney(US:DIS) fool.com·2024-05-22 23:55

Disney shares are close to doing something they haven't done in more than three months.It's been more than three months since shares of Walt Disney (DIS 0.36%) closed in the double digits. "Can Disney stock stay above 100thistime?"Iwonderedthen.Sofar,sobuoyant,butwiththemediagiantssharesdriftingbacktothecenturymark,itsamatterworthrevisiting.IfDisneybucklesbelow100 this time?" I wondered then. So far, so buoyant, but with the media giant's shares drifting back to the century mark, it's a matter worth revisiting.If Disney buckles below 100 again, is it a buying opportunity or a red flag? The stock is still beating the market this year with its 14% g ...