Disney Finally Has Good News. Will the Stock Keep Gaining?

Walt Disney's (DIS -1.95%) turnaround seems to be finally gaining some traction. The House of Mouse delighted investors on Thursday with its latest quarterly report and the stock price jumped 11.5%, its best single-day post-earnings performance in nearly 15 years.The surge in the stock came as Disney reported strong growth on the bottom line, raised its dividend by 50%, set a date for its flagship ESPN streaming service, revealed a new stake in Epic Games, and said Disney+ would become the exclusive streame ...