In a market where it's been very difficult to find bright spots, who would've guessed that it'd be good ol' Mickey Mouse providing some cheer? After the close yesterday, Disney reported earnings that have shares up more than 6% today.
So what was it that gave Mickey and crew the extra push? Theme parks! That's right, while we're all discussing whether the economy is heading to -- or already in -- a recession, Disney is seeing bookings and pricing at its theme parks ahead of last year. Maybe US adults are avoiding economic malaise by hiding out with Goofy
Read More...
