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Why Did The Walt Disney Stock Grow

179 Words1 Pages
Some of the major reasons of why the Walt Disney Company stocks has fallen by a tiny amount should only be a temporary fluctuate. I see a lot of potential in this company because of their merger with 21 Century Fox by the end of December last year. Disney has spent $52.4 billion on buying the stock shares of Fox, which could potentially lead more profit since Disney now own a lot of popular video productions such as the X Man, Avatar, Planet of the Apes and too much to even be listed. They are also trying to break away from Netflix and create their own streaming platform at a cheaper sale price. This is a very good strategy because with a lot of great series from Marvel, Pixar, ESPN and now Fox, they could take market shares away from Netflix
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