Disney Shares Trading Higher Day After Streaming Service Debut

Date : 11/13/2019 @ 6:36PM
Source : Dow Jones News
Stock : Walt Disney Co (DIS)
Quote : 147.44  -0.84 (-0.57%) @ 12:59AM
After Hours
Last Trade
Last $ 147.48 ▲ 0.04 (0.03%)

Disney Shares Trading Higher Day After Streaming Service Debut

Walt Disney (NYSE:DIS)
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1 Month : From Nov 2019 to Dec 2019

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   By Stephen Nakrosis 
 

Shares of The Walt Disney Co. (DIS) are rising in Wednesday's market, a day after the debut of the company's streaming service and its announcement that over 10 million subscribers have signed up for Disney+.

At 12:57 p.m. ET, Disney shares had gained 3.59% to trade at $143.54. Volume was very heavy, with over 14.4 million shares trading. The stock's 65-day average volume is some 8.2 million shares.

The company said its new streaming service already has almost three times the number of subscribers as ESPN+, which is also owned by Disney.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

November 13, 2019 13:21 ET (18:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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