Disney+ must succeed for the sake of the stock, investor says ahead of earnings

One investor is looking farther out than Disney's fourth quarter for proof of execution, however.

While Tepper acknowledged that Disney's current level — $131.27, as of Wednesday's close — was a "great" entry point for buyers and at the "low end" of his firm's fair-value range for the stock, Disney+ will be key in determining where the stock goes from here.

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Disney earnings, jobless claims, Bank of England rate decision: Three things to watch on ThursdayWe'll get earnings from Disney, jobless claims and an interest rate decision from the Bank of England on Thursday. What about $TBI? Ahead of the Disney earnings call today, we took a look at Americans' thoughts of disneyplus. 22% of US adults say they're likely to subscribe and that number has doubled over the last 6 months. Full story: mkmfitzgerald
Fonte: CNBC - 🏆 12. / 72 Leggi di più »