Why Disney Stock Surged to a New All-Time High Today

Why Disney Stock Surged to a New All-Time High Today

Shares of Walt Disney (NYSE: DIS) jumped 6.3% to a closing high of $201.91 on Monday after health officials said theme park companies could resume operations in California beginning on April 1. Coronavirus-related park closures have weighed heavily on Disney's financial results. Walt Disney's stock price rose sharply on Monday.