DISNEY STOCK GOES MICKEY MOUSE'D, FALLS UNDER 52-WEEK SMA AGAINWalt Disney Company (The)BATS:DISPandorraResearchDisney (DIS) stock fallen under its major support of 52-week SMA Thursday, immediately after the company reported mixed fourth quarter results on November 13, 2025 as continued declines in its linear TV business offset strength in parks and streaming. Disney reported revenue of $22.46 billion for the quarter, missing analyst expectations of $22.83 billion and coming in roughly comparable to the year-earlier period. A 6% revenue drop within the company's entertainment division, which includes its streaming, TV, and theatrical businesses, contributed to the top-line miss. Linear network revenue fell 16% year over year, while operating income dropped 21% as cord-cutting accelerated and ad dollars continued to shift toward streaming. The results came in the final stretch of CEO Bob Iger’s turnaround ahead of his planned departure next year. The company said the decline in operating income was driven in part by the sale of its Star India assets, which contributed $84 million to results a year ago. Domestic linear networks also came under pressure from lower advertising tied to weaker viewership and a $40 million decline in political ad spending compared to the prior-year quarter. Disney also faced weaker theatrical comparisons in the period, adding to the drag on overall Entertainment results. We still consider to achieve our initial target i.e. fill the gap around $92.17 per share (see relative ideas). -- Best wishes, @PandorraResearch Team