Disney Stocks Nosedive as Revenue Disappoints, Raising Dark Cloud over Bob Iger’s Looming Exit

Disney Stocks Nosedive as Revenue Disappoints, Raising Dark Cloud over Bob Iger’s Looming Exit

Shares for entertainment giant Disney fell almost eight percent last week and continue to slide this week as revenues disappointed in the fourth quarter falling short of Wall Street analysts’ expectations. Roughly flat revenues of $22.46 billion are also casting a pall over the latest year of CEO Bob Iger's second stint.