What!? Yep, you read that right, according to S&P Global Market Intelligence shares are up despite the abysmal earning from Walt Disney Pictures and Parks & Resorts due to COVID-19. What then has driven the stock price? In a true stroke of luck the launch of Disney+ has bolstered overall performance with both new content and a stocked full Disney vault. In 2020 more viewers than ever have turned to streaming services to keep their families entertained throughout shelter in place orders.
https://www.fool.com/investing/2020/09/05/why-disneys-shares-rose-128-in-august/
