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Why Disney Stock Is Soaring Today
DISDisney(DIS) The Motley Fool·2025-05-08 02:17

Shares of Walt Disney (DIS 9.79%) are soaring on Wednesday. The company's stock gained 10.6% as of 1:44 p.m. ET, and gained as much as 12.1% earlier in the day. The leg up comes as the S&P 500 (^GSPC -0.24%) gained 0.2% and the Nasdaq Composite (^IXIC -0.72%) lost 0.2% on the day.The company delivered better-than-expected quarterly results and announced plans for a new theme park in Abu Dhabi.An earnings beatDisney reported its Q2 earnings this morning. The numbers handily beat Wall Street's expectations in ...