Walt Disney Co. Stock Rises Wednesday, Still Underperforms Market
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Shares of Walt Disney Co. (DIS) rallied 2.32% to $116.19 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. This was the stock's third consecutive day of gains. Walt Disney Co. closed $71.39 short of its 52-week high ($187.58), which the company reached on September 9th.
The stock underperformed when compared to some of its competitors Wednesday, as Comcast Corp. Cl A (CMCSA) rose 3.10% to $41.62 and Sony Group Corp. ADR (6758.TO) rose 2.54% to $88.52. Trading volume (11.4 M) remained 175,501 below its 50-day average volume of 11.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
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May 04, 2022 16:48 ET (20:48 GMT)
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