HomeMarketsU.S. EconomyDisney (DIS) To Double Its Investment Into Disney Parks, Stock Drops

Disney (DIS) To Double Its Investment Into Disney Parks, Stock Drops

Walt Disney (DIS) slides on now of parks and experiences investments. DIS is to nearly double its investment into Disney Parks, experiences, and products. DIS is to invest nearly $60B into parks over 10 years. Caroline Woods discusses this as parks have been a financial boost to DIS while streaming lags. Disney Parks revenue was up 13% in 3Q to $8.3B. Disney Parks have shown strength globally despite the domestic park slowdown. Tune in to find out more about the stock market today.

Morning Trade Live

19 Sep 2023

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