Disney Stock Jumps Due to Investor Optimism

The Dow Jones soared past 18,000 today and leading the way was none other than Disney. Disney gained more than 2% after its stock was upgraded from “hold” to “buy.”

TheStreet.com reports that this change in investor confidence was due to a number of positive developments including the upcoming opening of Shanghai Disney Resort and the successful release of “The Jungle Book.” No doubt the crazy success of the resurgent Star Wars franchise is playing a role in the stock increase as well.

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About the Author

Craig Smith
I am founder and editor of DisneyNews.us and DisneyEverything.com My passion for all things Disney goes pretty far back but was deepened by two semi-recent developments:1) The birth of my son (who is now 6 years old and can't get enough Disney); and 2) Disney’s purchase of Lucasfilm/Star Wars (did I mention I was a super Star Wars geek?)I recently came to the realization that I spent a significant portion of my day reading articles about Disney and watching it with my son, so it only made sense that I would start sharing some of what I read and see and building a little community around it.