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

Walt Disney Company stock plunged more than 9% Tuesday morning as CEO Bob Iger suggested Disney still faces a tough road as it continues to emerge from its recent poor performance. Disney shares fell 9.6% after the company warned that Disney+ subscriber numbers are expected to stagnate in the near term and the next quarter […]