Disney added a better-than-expected 7.9 million Disney+ subscribers in the quarter, Disney shares slid after hours Wednesday when Chief Financial Officer Christine McCarthy acknowledged the second half of the year may not be quite as strong relative to the first half. “At Disney+, while we still expect higher net adds in the second half of the year than in the first half, it’s worth mentioning that we did have a stronger than expected first half of the year,” McCarthy said. “The delta we had initially anticipated may not be as large.”
ETF Newz Says:
Disney is held in over 300 ETFs. The ETFs with the greatest exposure are.
PNQI Invesco NASDAQ Internet ETF 7.72%
VOX Vanguard Communication Services ETF 6.32%
FCOM Fidelity MSCI Communication Services Index ETF 6.05%
JHCS John Hancock Multifactor Media & Communications ETF 5.32%
BNGE First Trust S-Network Streaming and Gaming ETF 4.67%
