Disney Stock Rises Rapidly Amid Release of 2022 Q1 Earnings Report

Katie Francis

Updated on:

The Walt Disney Company logo with Mickey Mouse

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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