Disney+ launched this week and reached it’s 10 millionth subscriber within the first day. Naturally, the Walt Disney Co stock rose and it notched its biggest one-day gain in seven months!
Disney DIS, -1.06% gained 7.3% to close at $148.72, an all-time high for the stock, on Wednesday. Shares of Disney are up 35% this year as well.
Netflix NFLX, (Disney+’s main competitor) +2.30% shares closed 3% lower on Wednesday. Netflix has about 60 million subscribers.
Disney’s goal of having 60 – 90 million Disney+ subscribers within five years could be fast-forwarded at this pace. Are you a Disney+ subscriber or Walt Disney Co stockholder?
Let our friends at Destinations to Travel help you book your next Disney Vacation. They are the preferred Travel Agency of Chip and Company and Disney Addicts, and who we use ourselves.
Get started below for your FREE No Obligation Quote.
Book With our friends at Destinations to Travel
For the BEST in Disney, Universal, Dollywood, and SeaWorld Theme Park News, Entertainment, Merchandise & More follow us on, Facebook, Instagram, and Youtube. Don't forget to check out the Chip and Company Radio Network too!