Disney Shares Rise on Strong Q2 Earnings and Josh D'Amaro's Leadership
Walt Disney shares opened 7.6% higher after reporting better-than-expected fiscal second-quarter results, marking the first earnings report under CEO Josh D'Amaro. The company exceeded revenue and net income forecasts, with revenue rising 6.5% to $25.2 billion, the largest increase in over a year. D'Amaro's leadership and Disney's reaffirmed profit targets for the next two years have boosted investor confidence.
Tickers: $DIS