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UBS: Shanghai Disneyland is a major success (DIS)

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Disney stock price is up 8.35% so far this year, rebounding after a drop brought on by fears of the implications of cord cutting on Disney’s ESPN subsidiary. Disney shares are trading at $112.82 as of 10:50 AM EST April 7.

But leaving aside from ESPN’s woes, another big part of the company is doing quite well.

UBS Global Equity Research partnered with the UBS Evidence Lab to evaluate the progress of Disney’s newest park, Shanghai Disneyland, in its first year. The team of analysts led by Doug Mitchelson found that Shanghai Disneyland is meeting or exceeding expectations and read more >>>

Source : BusinessInsider.Com

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