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Disney Shares Fall After D’Amaro Named CEO-Elect as $60 Billion Parks Push Looms

Investor skepticism over heavy parks spending pressured shares despite record results.

Overview

  • Disney stock fell about 5% for the week, erasing roughly $15 billion in market value, according to Forbes.
  • The board named Josh D’Amaro CEO-elect, with his formal start set for March 18, 2026.
  • Disney’s Experiences division reported record revenue with nearly double-digit growth in the latest results.
  • Management outlined a $60 billion multiyear expansion plan for global theme parks and Disney Cruise Line.
  • Market commentators pointed to profit-taking after succession clarity, concern over large CapEx, and guidance that warned of moderating U.S. park demand in late 2026 as key drivers of the selloff.