Disney stock drops due to concerns about theme parks impacting attendance

From CNBC: 2024-07-23 11:54:13

The CNBC Investing Club with Jim Cramer held a Morning Meeting livestream, where the S&P 500 edged higher as investors awaited earnings reports from tech companies. The Nasdaq and the Dow Jones were also in the green, with Danaher being the biggest gainer after a strong second-quarter report. Alphabet is set to kick off megacap tech earnings with a focus on Google Search and YouTube. Meanwhile, Walt Disney shares dropped on concerns about theme parks, following Comcast’s earnings miss. Disney previously warned about attendance normalization impacting the stock. Subscribers to the CNBC Investing Club receive trade alerts before Jim makes a move, following specific guidelines. (Words: 98)



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