After the strong quarterly figures, Disney is finally drawing positive attention to itself again on the stock exchange. On Friday, the stock closed up 3.3 percent, giving Disney its best weekly performance since December 2020. In the long term, however, the stock is well behind the market.
In the past five years, Disney has gained 18 percent on the stock market – including dividends it was 22.5 percent. Meanwhile, the S&P 500 (including dividends) is up 89 percent. The Dow Jones is up 71 percent.
The reason for the underperformance: Walt Disney was particularly hard hit by the consequences of the pandemic. The amusement parks had to close for a long time and when they were allowed to reopen, the group had to implement strict security measures.