Disney shares rise 6% after reporting Q4, bright spot is direct-to-consumer

November 12, 2020
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Disney shares rise after reporting 73 million paid Disney+ subscribers during its fourth-quarter results. The company lost 20 cents a share and $14.71 billion in revenue compared to analysts’ estimates of losing 71 cents a share with $14.20 billion, according to Refinitiv. James Stewart from The New York Times and Bernie McTernan from Rosenblatt Securities join ‘Closing Bell’ to discuss.

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