Disney shares surged to an all-time high Friday as investors cheered the announcement of Disney Plus, the streaming subscription service launching in November
Walt Disney Co. shares surged to an all-time high Friday, as investors and analysts cheered the opportunity for Disney+, the newest addition to the company’s suite of streaming services, to win subscribers in an increasingly crowded landscape.
Stock in the California entertainment company rose 12% to $130.06, breaking the previous intraday record set in August of 2015, bringing gains this year to 18%.
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