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Why A Bet On Disney Stock Is A Bet On Bob Iger

Disney

Over the last month, Walt Disney Co. (NYSE:DIS) stock is up 14%. Bulls say the good times have just begun. They note it was trading at $113 a year ago, at $150 a year before that.

Bob Iger has been back for a year, they say, and things are getting better. The pandemic is over, people are traveling, they’re even going to movies. Not to mention betting on sports. But is this really an all-clear? Could DIS stock fall again, maybe to its October low of $80 or below?

Let’s dive in!

This post appeared first on InvestorPlace.