Why Disney's Shares Rose 12.8% in August

Why Disney's Shares Rose 12.8% in August

Shares of entertainment juggernaut Disney (NYSE: DIS) were up 12.8% in August, according to data provided by S&P Global Market Intelligence. With theme parks, resorts, cruise ships, and movie theaters across the globe either closed or operating at severely limited capacity due to the pandemic, most of Disney's business lines have been clobbered. The big exception is the company's streaming services.