The Walt Disney Co (NYSE:DIS) shares are making new 52-week lows during Monday's regular trading session.
Last week, former ESPN journalist Jason Whitlock accused Disney of trying to emasculate sports. Whitlock claimed Disney has tried to “Disney-fy ESPN and the sports world and to feminize ESPN and the sports world” by de-emphasizing the male presence following its acquisition of ESPN.
Related Link: Jason Whitlock — A Former ESPN Writer — Accuses Disney Of 'Feminizing And Wokefying' Sports
Although the stock has underperformed the market for more than a year, many expect the company to turn things around following its upcoming earnings report. Disney is set to announce its fiscal second-quarter financial results after the market closes on May 11.
DIS Price Action: Disney shares have traded as high as $190.40 over a 52-week period.
According to data from Benzinga Pro, the stock was down 2.41% at $127.30 at press time.
Photo: Pexels from Pixabay.
