Disney Stock Surges to All-Time High as Disney+ Subscribers Top 10 Million
All eyes were on Disney (NYSE: DIS) Tuesday, as the company launched its long-awaited and highly anticipated Disney+ streaming service across the U.S., Canada, and the Netherlands. The platform was initially overwhelmed by the demand, as legions of hardcore fans flooded its servers, causing technical glitches and site outages.
On the day following its dramatic launch, Disney released initial subscriber numbers which were far better than many anticipated, driving the stock to a new all-time high of $148.72 by market close.
Image source: Disney+.
Source Fool.com
