Disney stock shoots to record highs after debut of streaming service [MarketWatch]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: MarketWatch
Disney stock shoots to record highs after debut of streaming service Walt Disney Co. DIS, +7.30% shares jumped to record prices Wednesday, after the company announced that its new streaming service had more than 10 million subscribers in the wake of the service's Tuesday launch. With about an hour to go in Wednesday's trading session, Disney shares were up as much as 8% at $149.65, topping the previous intraday record of $147.15, and appeared ready to break the record closing price of $146.39. Both of those previous records were established on July 29 of this year. Earlier in the day, Disney announced that it had achieved 10 million subscribers to the Disney+ streaming service , which launched Tuesday. The company has been signing up subscribers for months in advance of the launch of Disney+, which is seen as a rival to other streaming services like Netflix Inc. NFLX, -3.15% If Disney's stock maintains a gain of more than 7.63%, this would become the second best trading session
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DIS
News
- Disney advances plan to inject $1.9 billion into ‘the happiest place on Earth' [Fortune]Fortune
- These high-dollar Masters merchandise haul videos went viral on TikTok [USA TODAY]USA TODAY
- Will Disneyland get an Avatar land? It's likely. Here's what else may be in store [Los Angeles Times (CA)]Los Angeles Times
- Actors who portray Disney characters at Disneyland poised to take next step in unionization effort [CBS News]CBS News
- Disneyland clears major hurdle in $1.9B expansion plans [Yahoo! Finance]Yahoo! Finance
DIS
Earnings
- 2/7/24 - Beat
DIS
Sec Filings
- 4/17/24 - Form 8-K/A
- 4/9/24 - Form 8-K
- 4/3/24 - Form 8-K
- DIS's page on the SEC website