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. My passion for all things Disney goes pretty far back to my first trip to Walt Disney World in the mid-80's. I have since returned to the magical place more than 20 times.I started this site when I came to the realization that I spent a significant portion of my day reading articles about Disney and watching Disney content with my 8-year old, so it made sense that I would start sharing some of what I read and see and building a little community around it.Other interests include 80's nostalgia, vintage toys, video games, LEGO, Star Wars and tech gadgets. Other sites include DMR and VideoGamesStats.com.