Disney Stocks Raise to a 38-Day High

Earlier this week, we saw Netflix’s value creep above Disney’s, but the streaming service was not able to hold the top spot for long.

Epcot Flower and Garden Display

The re-opening guidelines from the White House may have just been the saving grace bumping Disney’s value back above Netflix.

According to Variety, Disney’s stock shares rose 4.5% today, April 17th, to $106.63 — which is the highest they have been in 38 days. The president’s new phased opening suggestions likely offered hope for the future of the company as large venues and theme parks were included.

Magic Kingdom

Netflix stocks also dropped 3.7% today, which brought their market capitalization to $185.6 billion — compared to Disney’s $192 billion.

©Jacksonville Daily Record

Although Disney has not yet commented on when they plan to re-open the parks, Florida is already beginning to reopen some of its beaches. We will keep you updated as we learn more, so stay tuned!

When would you visit a Disney Park in the future? Let us know in the comments!