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Disney Shares More Info on its Netflix-Like Streaming Service


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.

Chris Hemsworth as Thor. Image source: Walt Disney.

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Source: Fool.com

Walt Disney Co. Stock

€91.00
-0.450%
Walt Disney Co. shows a slight decrease today, losing -€0.410 (-0.450%) compared to yesterday.
The stock is an absolute favorite of our community with 57 Buy predictions and no Sell predictions.
As a result the target price of 115 € shows a positive potential of 26.37% compared to the current price of 91.0 € for Walt Disney Co..
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