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Investing in Disney Stock (DIS)

The Walt Disney Party is a global entertainment company that operates a broad range of businesses, including theme parks, resorts, a yacht line, broadcast TV networks, and related products. Disney also produces live entertainment events, and produces and outs a wide range of film and TV entertainment content through its relatively new digital streaming services. The Walt Disney Co. is indexed on the New York Stock Exchange (NYSE) under the ticker symbol, DIS.

Founded in 1923 as the Disney Brothers Cartoon Studio by relations Walt and Roy Disney, the company now boasts a market capitalization of $256 billion (as of Nov. 17 2020) and generated annual net income of $11.6 billion on annual net income of $69.6 billion during its 2019 fiscal year (FY), which ended September 28, 2020.

Under the leadership of Bob Chapek, who yielded over from Robert Iger as the company’s CEO in February 2020, the company operates through the following business lengths: Media Networks; Parks, Experiences and Products; Studio Entertainment; and Direct-to-Consumer and International.

The Walt Disney World subject-matter park in Florida reopened in July after closing in March due to the coronavirus pandemic. However, COVID-19 cases deceive since escalated in Florida, with officials having reported the highest level of new infections of any U.S. state.

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