Disney’s Stock Price Hits an All-Time High

Great news regarding Disney stock as we wrap up 2020. Disney’s stock price hit an all-time high on November 30! 2020 may have been a rough year, but Disney is definitely ending it with a bang in the stock market!

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As shared via TheDisInsider: “Disney’s stock price hit an all-time high today (Nov. 30), breaking $180 a share for the first time and peaking at a new record high of $183.40 earlier on Wednesday 12/30. While the company is feeling the pain from the pandemic in their time tested income generators: theme parks, cruise line, and box office, their streaming services, Disney+, Hulu, ESPN+, Star, and HotStar, are surging at a rate that no one could have predicted. Their lineup of new offerings for 2021 and 2022 has give investors confidence that Disney’s best streaming days are still ahead of them.”

“While the Dow Jones was up for the day, Disney was one of the only stocks tied to a streaming service that saw any positive gains. Comcast, AT&T, and Netflix. All three posted losses for the day while Disney broke all-time records.”

Way to go Disney!

Source: TheDisInsider.com