tv video film broadway

Disney Shares Climb On Wall Street’s Warm Embrace Of Restructuring Plan

Reading now: 845
deadline.com

Dade Hayes Finance EditorDisney has gotten enthusiastic reviews from Wall Street analysts for its plan to further re-orient the company around streaming, and its stock has also gotten a boost.Shares in Disney have risen nearly 5% in early trading on a day when broader markets are flat or down a fraction.

Climbing past $131, the stock is at its highest point in nearly a month, though still below the $145 mark where it began 2020.After the close of trading Monday, the media company unveiled a significant restructuring, creating a centralized distribution unit and clarifying the mission of creative teams to prioritize Disney+ and other streaming services.

Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA