Disney+ been know for months. DIS been flat for years. And today news came out Dis+ is $7 per month, and stock goes berserk mode?!
WTF? Everyone knew the streaming was coming out and it was gonna under-cut Netflix, and it'd be a money loser for a while before it turns profit. It's supposed to be priced in already.
Aftermarket yesterday didn't even react. And yet todays premarket and market open it pumps so hard? What exactly changed?
Submitted April 12, 2019 at 09:55AM by nocehr http://bit.ly/2v3bIQi
