US Stock Market Move | Walt Disney Company (DIS.US) continues to rise over 3%, gaining a total of 17% in the month.
15/11/2024
GMT Eight
On Friday, Walt Disney Company (DIS.US) continued to rise by over 3%, accumulating a 17% increase for the month, reaching $113.36 per share. In recent news, Walt Disney Company held its 4QFY24 earnings call. The company's management stated that at the end of this quarter, the company had 174 million Disney+ core users and Hulu subscribers. Within five years, the company has transformed Disney+ into a unique streaming platform with over 120 million core users. With Hulu joining Disney+, the company can now provide high-quality ultimate content to each user, from brand and comprehensive entertainment program libraries to news and live events. The company has invested funds to make its profitable streaming business a significant growth driver for the company.