Walt Disney Company (DIS) shares reached a new level today, closing at $201.91. That represents an $11.92 (6.27%) increase over yesterday. The stock is flying high on news that Disneyland is cleared to reopen as soon as April 1, 2021.
Sleeping Beauty Castle – Sleeping Beauty Castle at Disneyland is the centerpiece of Fantasyland, and one of the most recognizable structures in the world. Surrounded by beautiful flowers and whimsical topiary, the Disneyland landmark beckons park visitors to explore the different realms of the place “Where Dreams Come True.” Walt Disney wanted this castle to be a friendly and welcoming presence in his park so it was built on a smaller scale than its European counterparts. (Joshua Sudock/Disneyland Resort)
According to Schaeffer’s Investment Research, DIS shares are up 70% year-over-year. Disney stock previously hit its record high February 24. Today’s results were also buoyed by an $8.6 million take over the weekend from Raya and the Last Dragon.
Published by Mathew Corn
I am a proud husband and father of 3 awesome children. I am a 4th grade teacher and high school boys basketball coach. We took our first WDW trip when our oldest 2 yrs old and have loved all things Disney ever since. We love to talk about Disney and look forward to our next trip when our last child will experience WDW for the first time.
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