Did You Buy Disney Stock Right Before the Pandemic? You're in Luck!
Disney's Stock Has Soared Since the Pandemic
If you bought Disney stock right before the pandemic, you're in luck. The stock has soared since then, and it's now trading at over $400 per share. That's a gain of over 175% in just two years.
Disney's Stock Price Was Hit Hard by the Pandemic
When the pandemic hit in early 2020, Disney's stock price plummeted. The company was forced to close its theme parks and resorts, and its movie releases were delayed. As a result, Disney's revenue and earnings took a big hit.
Disney Has Rebounded Strongly from the Pandemic
However, Disney has rebounded strongly from the pandemic. The company's theme parks and resorts have reopened, and its movie releases have resumed. In addition, Disney has launched its own streaming service, Disney+, which has been a huge success.
Iger Has Growth Plans for Disney
Disney CEO Bob Iger has big growth plans for the company. He plans to invest in new content, expand into new markets, and launch new businesses. If Iger is successful, Disney's stock price could continue to rise in the years to come.
Data as of November 15, 2023
Please note that the data in this article is as of November 15, 2023. The stock price of Disney may have changed since then.
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