Disney Hits New Highs on Travel Hopes

Disney's stock has surged due to vaccine optimism and potential travel recovery, despite significant losses in its theme park sector caused by COVID-19 shutdowns. The company's streaming service, Disney Plus, has been a bright spot, overshadowing other struggles with its rapid subscriber growth. However, the pandemic has led to substantial job losses, highlighting the disconnect between stock market performance and the broader economy.

What factor has contributed to Disney's shares reaching an all-time high?

• Expansion of retail stores

• New movie releases

• Positive vaccine news

• Increased theme park revenue

By what percentage did Disney's theme park revenue decrease in the latest quarter compared to the previous year?

• 30%

• 75%

• 45%

• 61%

What has been a major driver of Disney's stock recovery?

• Increased theme park attendance

• Acquisition of new companies

• Success of Disney Plus

• New merchandise lines

How many global subscribers does Disney Plus have over a year after its launch?

• 50 million

• 120 million

• 87 million

• 100 million

How many layoffs did Disney announce by the first quarter of 2021?

• 20,000

• 50,000

• 10,000

• 32,000