According to a report on TradingView, as of March 22, 2023, Walt Disney’s (DIS) stock performance was compared to other communication services stocks. In the past year, DIS has seen a decrease of 12.3%, while Facebook (FB) and Netflix (NFLX) experienced a growth of 11.5% and 21.4% respectively. Amazon (AMZN) and Apple (AAPL), also in the communication services sector, showed an increase of 13.5% and 11.3% respectively. The report suggests that DIS’s decline may be due to the ongoing impact of the COVID-19 pandemic on its theme parks and cruises business.
