Disney shares cooled off after a hot start to the week, dipping about 1.6% today to close the trading session at $149.08.
Even with the slight retreat, though, the stock has fully recovered to pre-Covid-19 levels in a remarkable comeback that has a chance of continuing through the holiday season. The eyes of Wall Street and the media and entertainment world will be trained on Burbank on December 10. That’s when the company will reveal a host of projects and strategic plans at a major online investor presentation. A previous such event, in April 2019, boosted the company’s stock 10% in a single day to a then-record high.
Last Thanksgiving, Disney stock was trading at $150.74. The company had just launched streaming service Disney+, which drew 10 million sign-ups on its first day. It has gone on to rack up 73.7 million globally, beating 5-year internal projections in just its first year. The movie studio was...
Even with the slight retreat, though, the stock has fully recovered to pre-Covid-19 levels in a remarkable comeback that has a chance of continuing through the holiday season. The eyes of Wall Street and the media and entertainment world will be trained on Burbank on December 10. That’s when the company will reveal a host of projects and strategic plans at a major online investor presentation. A previous such event, in April 2019, boosted the company’s stock 10% in a single day to a then-record high.
Last Thanksgiving, Disney stock was trading at $150.74. The company had just launched streaming service Disney+, which drew 10 million sign-ups on its first day. It has gone on to rack up 73.7 million globally, beating 5-year internal projections in just its first year. The movie studio was...
- 11/25/2020
- by Dade Hayes
- Deadline Film + TV
Similar News
Rebel Moon—Part Two: The Scargiver review: Zack Snyder's improved follow up is a messy but daring star war
- 4/19/2024
- by Jarrod Jones
- avclub.com
Star Wars: The Bad Batch Season 3 Episode 13 Calls Back To Hitchcock Thrillers And Classic Cinema
- 4/17/2024
- by Bryan Young
- Slash Film
It’s Time to Move on From The Darth Maul’s Fight; Anakin vs Obi-Wan Duel is the Best Lightsaber Fight in Star Wars
- 4/17/2024
- by Nishanth A
- FandomWire
Earth Day Content Coming to Disney+, Hulu, Nat Geo, and More
- 4/19/2024
- by Mirko Parlevliet
- Vital Thrills
Jersey Shore’s Vinny Guadagnino shares surprising DWTS salary details
- 4/19/2024
- by Matt Couden
- Monsters and Critics
Disney & Nat Geo Unveil Earth Day-Themed Programming Slate
- 4/19/2024
- by Denise Petski
- Deadline Film + TV
David Zaslav Becomes Enemy No. 1, Will Reportedly Earn Almost 50M With Latest Salary Hike as WB-Discovery Stocks Nosedive into Oblivion
- 4/19/2024
- by Swagata Das
- FandomWire
Alien TV series: Sandra Yi Sencindiver joins the cast as Weyland-Yutani exec
- 4/19/2024
- by Cody Hamman
- JoBlo.com
“Happy Superman Day to all of you”: James Gunn Keeps DC Fans on Their Toes on Superman Day While Everyone Demands the One Thing He Won’t Give us
- 4/19/2024
- by Mahin Sultan
- FandomWire
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
Box Office: ‘Abigail’ Bites Into $1 Million in Previews
- 4/19/2024
- by Jordan Moreau
- Variety - Film News
BAFTA Sets Date for 2025 Film Awards — Global Bulletin
- 4/19/2024
- by Alex Ritman
- Variety - Film News
‘Fallout’ Officially Renewed for Season 2 at Amazon
- 4/18/2024
- by Joe Otterson
- Variety - TV News
‘The Witcher’ Renewed For 5th & Final Season At Netflix
- 4/18/2024
- by Denise Petski
- Deadline Film + TV
Henry Cavill Says ‘Maybe I’m Too Old Now’ to Play James Bond as Fake Movie Trailer With Him as 007 Goes Viral With 2.5 Million Views
- 4/18/2024
- by Zack Sharf
- Variety - Film News
‘Scream’ Actors Support Fired Co-Star Melissa Barrera at ‘Abigail’ Premiere: ‘It Says a Lot About How True the Love Is’
- 4/18/2024
- by Marc Malkin
- Variety - Film News
Henry Cavill Says ‘Maybe I’m Too Old Now’ to Play James Bond as Fake Movie Trailer With Him as 007 Goes Viral With 2.5 Million Views
- 4/18/2024
- by Zack Sharf
- Variety - Film News
Julia Louis-Dreyfus Was Recognized as Her ‘Seinfeld’ Character While Giving Birth
- 4/18/2024
- by Christy Piña
- The Hollywood Reporter - Movie News
Selena Quintanilla Deserves to Be Celebrated This Year - Not Exploited
- 4/16/2024
- by Lucas Villa
- Popsugar.com
Bad Bunny's First NYC Show From His Most Wanted Tour Is Proof His Latine Fans Still Come First
- 4/12/2024
- by Johanna Ferreira
- Popsugar.com
Tribeca Festival Reveals 2024 Feature Film Lineup Including New Movies With Lily Gladstone, Jenna Ortega and Michael Cera
- 4/17/2024
- by Jack Dunn
- Variety - Film News
Vashon Island Film Festival Sets Date for Third Event – Film News in Brief
- 4/19/2024
- by Selena Kuznikov and Jack Dunn
- Variety - Film News
Cannes Directors’ Fortnight Title ‘Eephus’ Picked Up by Film Constellation (Exclusive)
- 4/18/2024
- by Leo Barraclough
- Variety - Film News
J.B. Smoove Calls Michael J. Fox’s ‘Curb Your Enthusiasm’ Appearances ‘The Bravest Sh*t I’ve Ever Seen’
- 4/19/2024
- by Christian Zilko
- Indiewire
The ‘Challengers’ Screenwriter Behind the Upcoming ‘Queer’ and ‘City on Fire’ on the Art of Adaptation
- 4/19/2024
- by Veronica Flores
- Indiewire
Box Office: ‘Abigail’ Bites Into $1 Million in Previews
- 4/19/2024
- by Jordan Moreau
- Variety - Film News
BAFTA Sets Date for 2025 Film Awards — Global Bulletin
- 4/19/2024
- by Alex Ritman
- Variety - Film News
‘Aang: The Last Airbender’ Delayed to 2026, ‘Transformers One’ Moves Back a Week
- 4/18/2024
- by Rebecca Rubin
- Variety Film + TV
Quentin Tarantino Scraps ’The Movie Critic’; Brad Pitt Would Have Reprised Cliff Booth Role From ‘Once Upon A Time In Hollywood’
- 4/17/2024
- by Rodrigo Perez
- The Playlist
Martin Scorsese’s Long-Gestating ‘Sinatra’ Film With Leonardo DiCaprio Adds Jennifer Lawrence
- 4/17/2024
- by Christopher Marc
- The Playlist
BAFTA Sets Date for 2025 Film Awards — Global Bulletin
- 4/19/2024
- by Alex Ritman
- Variety - Film News
Amazon’s miniTV Adds 200 Titles Dubbed in Tamil and Telugu for Indian Regional Users
- 4/19/2024
- by Patrick Frater
- Variety - TV News
‘Fallout’ Officially Renewed for Season 2 at Amazon
- 4/18/2024
- by Joe Otterson
- Variety - TV News
‘The Witcher’ Renewed For 5th & Final Season At Netflix
- 4/18/2024
- by Denise Petski
- Deadline Film + TV
‘Squid Game,’ ‘Night Agent’ Set for Second Half of 2024 on Netflix
- 4/18/2024
- by Rick Porter
- The Hollywood Reporter - Movie News