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Walt Disney stock price closed at $91.35 while witnessing a decrease of -2.57% during the previous intraday session. - 2
Dis stock price traded below 20,50,100 and 200-day EMAs. - 3
The Year To Date return of Walt Disney is 2.66% while three month return is -13.02%.
DIS stock began its 2023 journey with a bullish rally pushing price upwards from the low of $84.07. The uptrend gave investors a return of approximately 40% in the span of less than 2 months. Bears did not find the price justifiable and entered the market to push price down.
The move was corrected …
Source: https://www.thecoinrepublic.com/2023/05/20/walt-disney-dis-stock-dis-stock-price-plunges-amidst-dispute/