Disney Stock Plummets to Record Low

The Walt Disney Company's stock hit a new 52-week low, dropping to $83.02, down over 3%. This marks a significant decline in Disney's stock over the past few years, particularly during the COVID-19 pandemic and under CEO Bob Chapek. The stock had briefly rebounded when Bob Iger returned to the position, but has since dropped again. Other entertainment and media companies are also experiencing drops in the market.