Shares of Walt Disney Co (NYSE:DIS) hit record highs yesterday after the company’s “Avengers: Endgame” film beat box-office records. DIS stock hit peak levels of $142.20 USD on the NYSE in early trade Monday but have since corrected. Currently, shares sell for $139.30.
DIS Stock SoarsAccording to Bloomberg, the success of “Avengers: Endgame” “prompted analysts to expect a much larger contribution from the studio division to the company’s overall profit.” It should also help the launch of its forthcoming Disney+ streaming service, which is due in the fall.
Other entertainment shares also grew ...
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