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HIGH-RISK, HIGH-REWARD Sponsored by For Disney Stock, Streaming Is a Great Big Plus Rapid expansion of the Disney+ subscription service bodes well for a post-pandemic rally Dec 28, 2020, 7:36 am EDT December 27, 2020 Walt Disney (NYSE: DIS) and its Disney stock, the novel coronavirus has created a see-saw situation. One the one hand, theme parks can’t make doodly-squat when they’re closed to visitors. Disney pocketed $7.2 billion in total admission revenue at its domestic and international theme parks last year. With those facilities closed or cur...

For Disney Stock, Streaming Is a Great Big Plus InvestorPlace 12/28/2020 For Walt Disney (NYSE: DIS) and its Disney stock, the novel coronavirus has created a see-saw situation. One the one hand, theme parks can’t make doodly-squat when they’re closed to visitors. Disney pocketed $7.2 billion in total admission revenue at its domestic and international theme parks last year. With those facilities closed or curtailed much of the year, it has created enough of a financial powder keg to turn Cinderella’s Castle into cinders. © Provided by InvestorPlace Disney Stock Has Major Problems...