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Why Disney Stock Rose Today

TheMotleyFool

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Shares of Walt Disney (NYSE: DIS) climbed 3.2% on Tuesday, after the entertainment titan said it would reorganize its operations to better focus on its fast-growing streaming business.

Disney+ is gaining customers at a torrid clip. More than 60 million people have already subscribed to the streaming service. Across all of Disney's streaming platforms, which also include Hulu and ESPN+, that figure rises to over 100 million.

Investors celebrated Disney's new growth plan. Image source: Getty Images.

Source Fool.com

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