Disney sinks on a rare earnings miss as Iger calls these 'transitional quarters'

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Disney is falling today on a rare earnings and revenue miss. The company is blaming the miss on the weak performance of the Fox entertainment assets it acquired earlier this year, with CEO Bob Iger calling this quarter and likely next quarter, "transitional quarters". Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber joins Yahoo Finance's Zack Guzman and Sibile Marcellus, along with Nan Hayworth, Independent Women's Forum Board Member and former Congresswoman (R-NY), to discuss.

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