Disney Stock Is Roaring Back to Life
Disney(DIS) The Motley Fool·2024-11-15 00:50
The media stock is soaring after a blowout quarterly report.Shares of Walt Disney (DIS 7.17%) opened sharply higher on Thursday, following better-than-expected financial results earlier in the day. The 8% pop at market open finds the media giant's stock trading at its highest level in more than six months.I argued at the start of this trading week that a strong fiscal fourth-quarter report could send Disney shares back above $100 for the first time in months. The blowout performance is making sure that the ...