‘Avengers: Endgame’ Also a Hit on Wall Street

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Disney shares reached an intraday high after the record-setting opening of its “Avengers: Endgame”

LOS ANGELES—Walt Disney Co.’s superheroes brought some of their power to Wall Street, even if it was fleeting.

Buoyed by the record-setting opening of the company’s “Avengers: Endgame” over the weekend, its shares traded Monday at an intraday all-time high before closing slightly lower while analysts raised estimates for the company’s quarterly earnings. Shares of movie-theater operators opened higher after several months of declines.

Source: News Formal (newsformal.com)

 

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