Why is Disney stock only going down after Q1 report, which were good?

- Disney had good Q1 earnings and turned a profit with Disney+, but stock decreased by 10% last month - $TSLA shares increased by 10% despite issues with safety and failing to deliver promised features - Confusion over market trends and whether it is based on potential growth or speculation of investors - Questioning if the market is based on finding a "bigger fool" or gambling on future growth opportunities.

🚨 Reddit sentiment: mixed - Comments reflect both positive and negative views on $DIS. Some hold a hopeful outlook based on the company's long-term potential and strategic moves, while others are concerned about immediate performance and industry-wide challenges. Summarized comments: - The stock is moving relative to expectations, not the actual earnings report - Market behavior seems irrational in the short term but aligns with business realities over longer periods - Proxy fight aftermath causing some to sell positions, some are holding during buyback - Disney is considered a great company despite mistakes, some are waiting for price drops to buy more - Some view Disney as a value trap needing a turnaround story - Fundamentals do not matter if company expectations are higher, and certain parts of Disney are not performing well - Legacy media, including Disney's TV and streaming, is struggling, with traditional cable declining faster than expected - Theme parks, Disney's main revenue driver, show post-COVID decline, but are still highly frequented and potential for another park exists - Improvement in Disney stock since the beginning of the year but still below pre-pandemic prices Stock tickers discussed: $DIS