4 Big Potential Catalysts During The Remainder Of 2022 For Disney
It’s been a tough year for its stock, but Disney has some bright spots to look forward to during the remainder of the year
--
Like many companies, The Walt Disney Company (DIS) has seen its stock have a volatile year. Lingering effects of the Covid-19 pandemic and inflation concerns have all contributed to inhibiting the flow of customer dollars. However, there is still a full quarter left in 2022, and looking at what remains on the entertainment/multimedia giant’s calendar, there are still a number of interesting and big potential catalysts that are expected to occur in the coming months.
Traffic at the various Disney parks has fluctuated since the pandemic. Now that the desire to travel is higher, the ability to afford to do so has been attacked by the ragged economy. That being said, during the remainder of the year, there are a number of periods that are traditionally when Disney sees some of its largest park crowds in any given year. In particular, November and December see a surge of larger crowds, with the weeks of Thanksgiving and Christmas being among the heaviest. Depending on how much impact inflation and related concerns have on the travel plans of possible guests, this could possibly be the first traditional holiday period their parks have experienced in several years now that Covid fears have diminished.
Coming in the spring of 2023, Disney will be opening a new attraction expected to draw keen interest from Disneyphiles and ride lovers in general. Their Tron Lightcycle ride will be unveiled at Disney World after much anticipation. Originally hoped to possibly be a ride highlight for the park’s 50th anniversary in 2021, it instead got pushed back to the present schedule. Based on the 1982 movie Tron, this rollercoaster ride with a new age twist could become a new star for park goers.
With all the various pies Disney has their hands in, it can be easy to forget that some of their other ventures include ABC and ESPN. In the coming weeks professional basketball will make its return, and those two channels have a 100-game NBA slate during the course of the upcoming season. This will include a number of premiere matchups featuring some of the best…
