Disney Shares More Info on its Netflix-Like Streaming Service
Investors are very interested in Walt Disney's (NYSE: DIS) plans for its upcoming streaming service -- so much so that Disney stock initially traded about 3% lower following the company's fourth-quarter earnings release last week but then reversed when Disney executives offered up new details about the service during its earnings call. Indeed, the stock ended up rising about 2% after investors heard more information about Disney's direct-to-consumer product plans.
So, what exactly did Disney say? Here's a look at the company's latest details on its streaming plans.
Source: Fool.com
Walt Disney Co. Stock
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