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Walt Disney company (DIS), the media giant that competes with CBS (CBS), General Electric's (GE) NBC Universal, and News Corp. (NWS), reported Q2 earnings after the bell on Tuesday. After reviewing them, I think it's safe to say management did a good job of delivering a solid quarter. But . . . what about the stock?That's the big question mark. During yesterday's after-hours session, the stock was down 3.5%, or over a buck at one point. Obviously we'll have to wait and see where the shares end on Wednesday after the regular session to get a better feel for what the traders think, but there's no question that the Mouse has had a slightly rough time in the last several sessions.
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