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Why Disney Stock Jumped Today


Shares of Walt Disney (NYSE: DIS) were climbing today as the entertainment giant said it was opening a part of Disney World in Florida soon, and as the broader market jumped after Moderna reported a successful phase 1 vaccine trial.

Disney stock was up just over 7% at the close on Monday, while the S&P 500 was up 3.15% on the vaccine news.

The Magic Kingdom at Disney World. Image source: Disney.

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Source Fool.com

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