How about looking at the House of the Mouse? There were big hopes for the future of the Disney, as they were preparing to launch their streaming service. And now that this passed and the service already launched, we can look at the effect it had on the general well-being of the conglomerate.
And yes, those following streaming services know that their popularity is booming right now. Apple and Disney have launched their own services and we are left looking out for them. And Disney launching the service attracted a lot of our attention as Disney owns a lot of film-productions studios. For example, Marvel, Avengers franchise of which has become in international phenomenon and Avengers Endgame has become the movie that grossed the most money world-wide. Of course our anticipation was hard and strong. But the reality was cruel.
Disney miscalculated the need for its own streaming service as users were not as interested in it as was expected. And of course investors and traders were among the people losing interest as well. This is evident by the decline in the performance of DIS stocks at the moment. And yes, initially there was a huge surge, but now when the popularity of service is failing, we can see that the growth stopped and even declines a little bit.
Of course, it is always bad to be disappointed, but it is what it is. And how good it is that our trading signals can never disappoint you!