Disney Stock Reaches New Highs

Following a stellar earnings report, Disney stock has reached a new all-time high of 101.43. In the day following the earnings report, Disney stock gained around 7 points amounting to approximately 7%.

According to CNBC many analysts shorted the stock as of late claiming that international visitation would be down in Orlando due to the stronger dollar. As the earnings report indicated that this assumption is totally wrong, many are labeling Disney as one of the greatest short spoils in history.