Disney (DIS) stock price is falling. Wells Fargo analyst Steven Cahall stated that the studio’s theme parks division will need a couple of years to return to normal business.The Walt Disney business has been seriously hit by the stay at home orders caused by the ongoing coronavirus. The Walt Disney Company (NYSE: DIS) stock fell 1.2% in after trading hours on Tuesday and is 1.1% down now, after Wells Fargo analyst Steven Cahall downgraded it, claiming that the Disney parks attendance could...
Read More »Disney (DIS) Stock Rises 3.59% in Pre-market, Is Its Takeover by Apple Possible This Year?
Though it’s probably too early to speak about it, but the Disney takeover by Apple seems to be quite real these days. Disney (DIS) stock is rising in the pre-market today.It seems like the Walt Disney Company (NYSE: DIS) takeover by Apple Inc (NASDAQ: APPL) is something that may be really possible soon. This is all due to the COVID-19 situation and its effects on the Disney business model. Sources say that though Disney has a lot going for it during this period, several things are working...
Read More »Disney (DIS) Stock Rises Over 11% Today, Disney+ Launches in Some European Countries
Disney (DIS) stock price has risen as the entertainment company has launched its streaming service in seven European countries. This has also excited investors at a time when confidence is low.The Walt Disney Company (NYSE: DIS) stock price has risen as Disney + has opened across Europe. Sources say that the stock price has responded positively despite the prevailing COVID-19 situation. Disney (DIS) stock was at $90.79 (+5.87%) in the pre-market today. At the time of writing, DIS stock is...
Read More »Disney (DIS) Stock Lost Over 9% on Friday, Is in Red Today, Disney+ Is Launching in Europe
Disney (DIS) stock price is falling due to the poor performance of its “Onward” movie. COVID-19 is causing disruptions in the entertainment industry apparently. Meanwhile, Disney+ is launching in Europe.The Walt Disney Company (NYSE: DIS) stock price has dropped since the premiere of Pixar’s new feature-length “Onward”. Sources say that this is because of falling demand from the theaters across the United States and beyond. On Friday Disney stock fell to $85.98 (-9.43%) at the market’s close....
Read More »Disney (DIS) Stock Is Down 3% while Bob Iger to Step Down as Disney CEO
It has become known that Bob Iger is leaving his position of the Disney CEO, the DIS stock has reacted negatively to the announcement and is falling in the pre-market.Walt Disney Co (NYSE: DIS) CEO is stepping down. Sources indicate that Bob Iger has resigned from the top role in the entertainment giant yesterday. The announcement was made after trading hours. Disney (DIS) stock went into a dive after the announcement about the CEO. Bob has reportedly decided to step down to take up creative...
Read More »Disney’s Frozen 2 Is a Big Success with $1B Collected, Analysts Predict Disney Stock Surge
The U.S-based mass media and entertainment conglomerate Walt Disney is now enjoying the success of its latest animation movie Frozen 2. According to media reports, Frozen 2, which started to set records just after the release, has crossed a whopping $1 billion in global box office collection.This is also the third movie from Disney Animation (and sixth from the overall Disney group) this year which has crossed a billion-dollar mark. The other five movies that have achieved this milestone...
Read More »Disney Frozen 2 Makes History on Thanksgiving Weekend with $249M Globally
This year it seems that Disney has it all figured out as its new animation film Frozen 2 has become the highest ever grossing film at the box office during Thanksgiving weekend. The ticket sales have reached about $124 million in the United States and $249 million worldwide as sources indicate. This, of course, brings the total amassed by the movie to about $738 Million. This, of course, means that Olaf the Snowman, Princess Anna, and Queen Elsa will bring in another billion-dollar movie to...
Read More »Disney+ Launches with a Slight Glitch while Stock Soars
Photo: Disney+ / TwitterIn spite of steaming problems, Disney+ that offers all the premium content from Pixar, Disney, the Marvel Cinematic Universe and about 30 seasons of the Simpsons launched yesterday and sent Disney’s stock soaring. Initially, many users couldn’t access the streaming platform.And this is why you have load balancers. SMH another company trying to be cheap. @disneyplus #DisneyPlus pic.twitter.com/kNrR0PPn6B— Jared (@Geek38641) November 12, 2019And many of them were not...
Read More »