How Has Disney Stock Done Since January?
For shareholders of Disney (NYSE: DIS), 2020 was the best of times and it was the worst of times.
The company has fantastic intellectual property rights. It owns Star Wars and ESPN and Pixar and the Marvel Cinematic Universe. And last year, it unveiled its new streaming service, Disney+, which rapidly became a huge hit, racking up 73 million subscribers.
On the other hand, Disney has assets that have been pummeled by the coronavirus pandemic. The company's theme parks were closed for much of the year -- most of Disneyland still is, and even those parks that are open are only allowing a limited number of visitors. Its cruise ships are sitting empty at the dock. And film and television production was halted for months.
Source Fool.com
