Disney's Stock Hits 10-Year High on Strength of Theme Parks and Cable

Publish date:

Mickey just bought Minnie a new chinchilla coat. Wait...I guess that would be a bit inappropriate since it could have come from a family member. Anyhoo, According to the LA Times, ABC's parent company, the Walt Disney Company, saw shares hit a 10-year high on Wednesday. Analysts believe Disney's theme parks and cable channels accounted for the spike. I'm gonna go out on a limb and guess they aren't talking about SOAPnet?