The Walt Disney Company stock has taken a beating that even the return of Bob Iger couldn’t slow. The stock has reached COVID-era lows, closing today at $85.76, which matches the COVID-era low close of $85.76 on March 23, 2020, according to data from Yahoo Finance.

The dip comes after Avatar: The Way of Water didn’t live up to expectations in its opening weekend and compounds a downward trend that started earlier this summer. Disney stock is down more than 45% year to date.

In late November, Disney fired former CEO Bob Chapek and brought back longtime CEO Bob Iger with a directive to right the ship and find a successor. Iger has not announced a vision for the company yet, but might be forced to do so if the stock continues to fall.

Iger will reportedly announce organizational changes next month.

As always, keep checking back with us here at BlogMickey.com as we continue to bring you the latest news, photos, and info from around the Disney Parks!