Disney stock surges to record high on the ‘eye-popping’ subscription number for Disney+ [MarketWatch]
Walt Disney Company (The) (DIS)
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Source: MarketWatch
Disney stock surges to record high on the ‘eye-popping’ subscription number for Disney+ Walt Disney Co. stock rose to a record on Wednesday and notched its biggest one-day gain in seven months after news its newly launched Disney+ had attracted millions of subscribers in one day. Disney DIS, +7.32% gained 7.3% to close at $148.72, an all-time high for the stock using data going back to January 1972 — which was the year some very forgettable Disney movies such as “The Biscuit Eater” were made. Disney stock was the best performer in the Dow Jones Industrial Average DJIA, +0.33% and in the S&P 500 index SPX, +0.07% on Wednesday. It was also the largest one-day increase for the shares since April 12. Disney+, with its trove of Disney classics, princess movies, preteen treasures and of course successful franchises such as Star Wars and Marvel movies, has attracted 10 million subscribers one day after its debut, Disney said Wednesday. That was “eye popping” and “considerably higher
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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