The Traderszone Network

Published in TZ Latest News 12 November, 2017 by The TZ Newswire Staff

Disney Shares More Info on its Netflix-Like Streaming Service

Investors are very interested in Walt Disney‘s (NYSE: DIS) plans for its upcoming streaming service — so much so that Disney stock initially traded about 3% lower following the company’s fourth-quarter earnings release last week but then reversed when Disney executives offered up new details about the service during its earnings call. Indeed, the stock ended up rising about 2% after investors heard more information about Disney’s direct-to-consumer product plans.

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