Subject: Is Disney Poised for a Rebound?

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Disney Poised to Rebound From August Sell-Off
novy-marx

Disney (DIS) shares dropped precipitously in August after CFO Christine McCarthy revealed over a conference call that the company expected a 1% decline in ESPN subscriptions in 2016. The ensuing sell-off was overdone and has created a buying opportunity for those wanting to either invest or increase their position in Disney.


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