Disney Stock Rises Rapidly Amid Release of 2022 Q1 Earnings Report

Contrary to how Disney stock dropped last month after Netflix announced mediocre subscriber growth in their Q1 report, $DIS has skyrocketed in the after-hours as their report went live.

With profits exceeding expectations and Disney+ adding 11.8 million subscribers last quarter, investors were clearly happy with the results. Stock has risen by over 11% since 4 p.m. ET this afternoon.

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