Publisher: Maaal International Media Company
License: 465734
Thursday, 8 May 2025
Disney shares gain $18 billion in a single day
Disney shares rose 11% to a two-month high, adding $18 billion to its market value in a single day.
These gains came after the company reported better-than-expected quarterly results, driven by a rebound in its theme park and streaming services businesses.
Earnings per share were $1.45, compared to expectations of $1.2, and Disney generated revenue of $23.6 billion, compared to expectations of $23.1 billion.
Articles
© 2025 All rights reserved to Maaal Newspaper