NewsBreak: Disney+ Tops 10M Subscribers on First Day; Disney Shares Jump

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEC4M0WL_M.jpg
© Reuters. © Reuters.

Investing.com – Disney said Wednesday its Disney+ plus streaming service surpassed 10 million subscribers on its debut yesterday, sending shares to session highs.

  • Shares of Disney (NYSE:) jumped sharply after the announcement, rising 3.2% in midday trading.
  • Wall Street was looking for about 8 million subscribers for the first day.
  • Disney is offering a one-week free trial of the service, so not all current subscribers will convert to paying memberships.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.