Why Is Everyone Talking About Disney Stock?
Coming off what could arguably be its most challenging year ever that was 2020, The Walt Disney Company (NYSE: DIS) is bouncing back. The number of people testing positive for COVID-19 is trending lower in the U.S., paving the way for easing restrictions on businesses. That's great news for individuals and Disney alike. The House of Mouse can cautiously start to reopen operations it had to pause. And with consumers finally allowed more entertainment options outside of their homes, the pent-up demand could be a boon for Disney shareholders.
These positive trends can partly explain why Disney's stock is up by nearly 50% in the last six months. But that's not the whole story. Let's go a little further to answer what's got everyone talking about Disney's stock.
Source Fool.com