Part 2/11:
Comparing Disney's current performance to its past is revealing. Five years ago, Disney stock hovered around $125, and during the tenure of former CEO Bob Chapek, it soared past $175, approaching a peak of $197. When Bob Iger returned, expectations were high that he could revive the company’s fortunes. However, the stock has recently fallen to around $112, a significant drop when measured against both the past five-year period and Iger’s previous benchmarks.
What’s even more striking is the stark contrast between Disney’s performance and the broader market. Over the same five-year span, the S&P 500 has surged roughly 94%, indicating that Disney has lagged far behind the typical growth trajectory of major American corporations.