TheHitman
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How far could Disney drop?

NYSE:DIS   WALT DISNEY COMPANY (THE)
Hi Traders

How far could Disney drop? First of all, this will mainly depend of media coverage of Covid-19. And how long the lockdown of different countries will take.

Even if you have roughly 40% discount at the moment, it could be to early to buy. Before it went on a stady upward trend its price was around 30-42$ in 2011. This could be a target if bad news do not stop.
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