About Disney (DIS)
The Walt Disney Company is an American mass media and entertainment corporation based in Burbank, California. The company was founded in 1923, by brothers Walt and Roy O. Disney.
Disney is the quintessential American entertainment company, operating in many sectors: media, parks, experiences and studio entertainment, direct-to-consumer and international.
Its products include household names such as Disneyland, Disney World, Marvel Studios, Pixar, 20th Century Studios, LucasFilm, ABC, Hulu, Disney Plus, and ESPN, among others.
Disney stock price
The Disney share price, like those of other publicly-traded companies, is directly related to the company’s quarterly and annual revenues, which reflect the demand for its products.
Disney is one of the most respected companies in the world. Its family-oriented entertainment has been in high demand since the 1940s. Most revenue comes from parks, experiences, and media.
The company declared a net income of $11.6 billion in 2019, a record year, which included multiple box office hits and the successful launch of its streaming service Disney Plus.
That said, COVID-19 has shaken Disney's business model.
Not only have the company’s theme parks been forced to close, but many theater releases have also been delayed, and ESPN has been deeply affected by live sports suspensions. To cope, Disney has suspended its semi-annual dividend.
For many people, a single Disney share may look unaffordable. However, at Uphold you don’t have to buy a whole share, and, as with cryptos, you can buy fractions from as little as $1.00.
The Disney stock price is ultimately determined by the law of the market: supply and demand. Traders around the world put up to ask (selling) and bid (buying) orders and the result, through the order-book matching process at exchanges, determines the current DIS share price.
What the bears are saying
- COVID-19 will have a long-lasting impact: People are not traveling, visiting parks, taking cruises, or going to the movies amid the COVID-19 pandemic, which has already had a devastating impact on Disney financial projections.
- Business model in jeopardy: As most revenue comes from, or is directly tied to, big events and gatherings, Disney will be forced to reinvent itself in the post-pandemic world.
- Suspended dividends: Disney skipping its semi-annual dividend has raised more doubts about the company's financial health.
What the bulls are saying
- The most beloved blue-chip company in the world: From signature cartoons, movies, and toys, to cruise lines, resorts, and theme parks, Disney has created a long-lasting bond with multiple generations over decades.
- Like magic: Disney innovates successfully. The Disney Plus streaming service is a big hit. It recently surpassed 50 million subscribers.
- Multiple streams of revenue and profits: Disney owns a vast array of well-known, global brands, including recreation parks like Disneyland and Disney World, and movie studios and broadcasting networks such as LucasFilms, Pixar, Marvel Studios, ESPN, ABC, and Hulu.
How to invest in Disney with Uphold
Do you want to invest in DIS with USD? All you need is a verified Uphold account to buy Disney shares instantly. If you don’t have one, don’t worry, it’s quick and easy to create an account.
Here’s how to get started:
- Go to Uphold.com and click ‘Sign up’.
- Enter your email address, create a password, and complete a 2-min identity check.
- Your account will be created, and you can start using Uphold.
You can fund your account to buy DIS shares with your debit card, credit card, bank account, or crypto deposit. Your Uphold account can also be used to make payments and send money to friends on the other side of the world, and more.
Uphold’s unique ‘Anything-to-Anything’ trading experience will make any exchange a seamless process, all commision-free.
*U.S. stock trading is not available in the U.S., U.K., and certain other jurisdictions.
This article is for informational purposes only and takes no account of particular personal or market circumstances, and should not be relied upon as investment, tax, or legal advice. For investment, tax, or legal advice, and before taking any action you should consult your own advisors. Note that assets such as equities present unique risks for investors.
This content is correct as of October 2020
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