Disney Stock Bucks Market, Setting Another New High After Investor Day Bonanza

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Disney shares are once again in record territory, bucking an overall selloff in the markets to rise 14% to north of $176. Trading volume is more than three times its normal level. The investor euph…

shares are once again in record territory, bucking an overall selloff in the markets to rise 14% to north of $176. Trading volume is more than three times its normal level.

ambition. The company’s stock jumped 10% to a then-record $130 after that event, when the pricing and plan for Disney+ were revealed.Disney Investor Day Postmortem: Studio Has No Immediate Plans To Melt Down Bulk Of 2021 Theatrical Sked Into Streaming Like WarnerMedia Nathanson maintained his “neutral” rating on the stock but boosted his 12-month price target by $21 to $160.

 

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