{"id":8372,"date":"2021-05-17T09:17:00","date_gmt":"2021-05-17T06:17:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=8372"},"modified":"2023-06-22T18:01:22","modified_gmt":"2023-06-22T15:01:22","slug":"why-did-walt-disney-shares-fall","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/05\/17\/why-did-walt-disney-shares-fall\/","title":{"rendered":"Why Did Walt Disney Shares Fall?"},"content":{"rendered":"\n

Today I'm telling you about the report on Q2, financial 2021 of Walt Disney<\/a>, one of the world's largest media conglomerates in the sphere of entertainment. Mind how the shares reacted. Let's get started.<\/p>\n\n\n\n

<\/span>Walt Disney report for Q2<\/span><\/h2>\n\n\n\n

On May 13th, Walt Disney transnational media corporation published its report for January-March. Analysts got especially agitated about such an index as an increase in the number of paid subscribers on the Disney+ streaming platform.<\/p>\n\n\n\n

Though this number grew by 8.7 million users, reaching 103.6 million people, the statistics disappointed the experts. In Q1 of financial 2021, an increase in the number of paid subscriptions was 21.2 million users, which is 59% more.<\/p>\n\n\n\n

According to Bloomberg, Wall Street guys forecast a quarterly increase in the number of paid subscribers by 15.4 million on average, to 110.3 million people. However, the real number turned out 6.7 million users, or 43.5%, inferior to this.<\/p>\n\n\n\n

<\/span>Important report details<\/span><\/h2>\n\n\n\n