Why did Walt Disney Company stock rise on 9 October?
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Walt Disney Company +0.96%
Disney rose slightly as a museum show and box-office record lifted sentiment.
Over the last five trading days Disney rose sharply, outpacing a clearly higher S&P 500 while the Communication Services sector was roughly flat.
The gain was likely helped by news that Avengers: Endgame reclaimed the all-time box office record, a sign of the strength of Disney's film library, and by a museum exhibition drawn from the Walt Disney Archives that keeps the brand in the public eye.
The next earnings report is due in mid November, which is what to watch next.
Next report: · Add to calendar · Google Calendar
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