Disney Stock Hits Lowest Close in 2023. It’s Nearing a 52-Week Low.

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A fall below $83.83 would mark Disney’s lowest closing price since 2014.

Drew Angerer/Getty Images

Walt Disney

stock on Monday closed at its lowest level yet in 2023, nearing a 52-week low as the entertainment company’s recent slide continued.

Walt Disney stock (ticker: DIS) ended Monday 3.5% lower to $85.56, while the

S&P 500

index was ended with a 0.4% gain. Disney was the second-worst performer in the

Dow Jones Industrial Average
which was up 0.2%. Only

Verizon Communications

stock (VZ), down 7.5%, had fallen more.

Disney stock is up just 1.7% from a 52-week closing low of $84.17 set on Dec. 28. If Disney stock ends below $83.83, it would mark the lowest close since 2014.

Shares have struggled in recent months as investors worried about the volatile media landscape, the Hollywood writers and actors strikes, and the near-term growth prospects of Disney’s theme-park business.

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