Disney stock gets a boost as Disney+ subscriptions hit nearly 130 million

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Disney stock gets a boost as Disney+ subscriptions hit nearly 130 million
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Walt Disney Co. shares saw a boost in after-hours trading Wednesday after the company beat Wall Street expectations by reporting nearly 130 million subscribers to its Disney+ streaming service

Wall Street had expected the subscriber total to reach around 124 million, but Disney+ subscribers hit 129.8 million internationally as of January 1.

Rededication Moment and debut of"Disney Enchantment" during"The World's Most Magical Celebration" Walt Disney World Resort 50th Anniversary at Magic Kingdom on September 30, 2021 in Orlando, Florida.

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