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(Bloomberg) -- Walt Disney Co. shares fell as much as 5.3% in extended trading after the entertainment giant reported new subscriptions to its streaming service that fell short of Wall Street forecasts. The company said Thursday it closed the quarter with 103.
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Disney Falls Most in 11 Months After Streaming Growth Falters Bloomberg 2 hrs ago Christopher Palmeri and Emily Chang (Bloomberg) -- Walt Disney Co. tumbled the most in almost 11 months Friday after saying it attracted fewer streaming customers than expected last quarter, stoking fears that a key engine of the century-old company’s transformation may be losing some momentum. Popular Searches The entertainment giant on Thursday reported 103.6 million Disney+ customers at the end of last quarter, shy of the 110.3 million projected in the Bloomberg Consensus. The shares fell ...