Disney stock entered the home stretch of the trading day up nearly 2% amid widespread cheers on Wall Street for its fiscal third-quarter earnings report.The company delivered encouraging numbers across the board on Thursday, showing continued gains in streaming and the long-anticipated resuscitation of its theme parks business.
While results didn’t restore the company to its well-oiled pre-pandemic state, they persuaded many analysts and observers that the company’s recovery is well under way.
With trading volume at three times normal levels, Disney shares were at $182.14, their highest point in nearly a month. Broader indices were largely flat.Benjamin Swinburne of Morgan Stanley gave the ebullient title “Back on Space Mountain” to a note
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.