Companies in the category have generally seen precipitous valuation declines in conjunction with indications that more big interest rate hikes are coming this year in order to combat inflation. Walt Disney In addition to the geopolitical and macroeconomic pressures that are roiling the rest of the market, Walt Disney (NYSE: DIS) shareholders have received some bad news early in the current earnings season. The House of Mouse has positioned its Disney+ service as one of its most important growth drivers, and the unit's results have been great thus far, but the overall industry backdrop now looks less favorable.