Disney has been making moves, both on the stock market and in the acquisition arena.
Three days into the year and the media giant stock price increased by 4.6% and is expected to soar into the double digits.
The company has been making headlines with its recent acquisitions and its parks & resorts. This segment, representing 33% of the company’s revenue, consistently grown in revenue last year with Disneyland Paris and Shanghai Disney Resort performing above expectations.
Furthermore, the company currently has projects in the pipeline which will focus on revamping its theme parks. This includes several new rides and attractions such as the Disney Skyliner gondolas, Tron coaster, Ratatouille Ride and the Guardians of the Galaxy Ride.
The company has announced plans to build a Star Wars themed hotel, following the blockbuster hit Star Wars: The Last Jedi, which hit the $1 billion mark at the box office.
The company has taken an aggressive approach in the past few months, and we are here for it.
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