Disney Stock – Walt Disney Co. stock outperforms market on strong trading day
Shares of Walt Disney Co.
inched 0.37% higher to $185.53 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.32% to 3,958.55 and Dow Jones Industrial Average
falling 0.31% to 33,066.96. The stock’s rise snapped a two-day losing streak. Walt Disney Co. closed $17.49 short of its 52-week high ($203.02), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Comcast Corp. Cl A
fell 0.38% to $54.98, Sony Corp. ADR
fell 1.96% to $104.51, and Discovery Inc. Series A
rose 5.36% to $43.44. Trading volume (5.9 M) remained 6.6 million below its 50-day average volume of 12.5 M.