At this pace, Disney’s goal of having 60-90 million Disney+ subscribers in 5 years could be fast-forwarded by 2 years.
Walt Disney Co. stock rose to a record on Wednesday and notched its biggest one-day gain in seven months after news its newly launched Disney+ had attracted millions of subscribers in one day.
Disney stock was the best performer in the Dow Jones Industrial Average DJIA, +0.33% and in the S&P 500 index SPX, +0.07% on Wednesday. It was also the largest one-day increase for the shares since April 12. That was “eye popping” and “considerably higher” than many on Wall Street expected, Dan Ives at Wedbush said in a note.
Netflix NFLX, -3.05% shares closed 3% lower. Netflix last month announced a net addition of 6.77 million subscribers in its third-quarter earnings, but projected 7.6 million additions in the fourth quarter, fewer subscriber additions than Wall Street had expected. Netflix has about 60 million subscribers.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Disney stock price jumps on Disney Plus sign-up count - Business InsiderThe streaming platform experienced technical difficulties on its launch day due to stronger-than-expected demand.
Leer más »
Disney Stock Hits Record High After Company Reports 10M Disney+ Sign-Ups – UpdateUPDATED with closing stock price, analyst comments. Disney stock soared more than 6% to an all-time high after the company revealed Wednesday that its new streaming service, Disney+, has already dr…
Leer más »
Disney stock could gain 20% as Disney Plus grows, analyst says - Business InsiderBank of America analysts raised their five-year subscriber target for Disney Plus to 90 million, up from 60 million.
Leer más »
Disney Stock Rises As Investors Overlook Tech Glitches Hitting Disney+ DebutDisney stock rose steadily Tuesday morning and remained solidly positive at the midway point of the trading day as investors appeared to look past the tech issues dogging the DisneyPlus streaming debut
Leer más »