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DIS getting punished for taking business away from NFLX

Long
NYSE:DIS   Walt Disney Company (The)
DIS is a solid company with many different avenues to make money; they are a BEAST. NFLX is... well not. NFLX only streams content and much of the content they have streamed over the past 20 years during their growth, they didn't own. It was just a matter of time for the company to feel the pain of competition from the market place. Over the past few years, we have seen HBO max, Amazon Prime, DIsney +, Paramount +, and other come to market with streaming services. Many of which had contracts to allow NFLX to stream their content, but that has changed as those contracts have expired and those other platforms are now streaming their own content.

DIS has so much more to offer than just streaming; broadcasting (TV), amusement parks, cruises, and the most MASSIVE content library. DIS is getting punished today and they shouldn't be, as they have adapted with the times. If there is any company that offers the TOTAL entertainment package, it's definitely DIS. Be bullish, this dip is dump.

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