Disney – Is the Force Already Built In ?
The Walt Disney Company (DIS) bought Lucas Films and the rights to the Star Wars franchise on October 30, 2012 a little over 3 years ago. Disney has been on a tear ever since.
Take a look at the weekly chart below. The vertical line marks the week that Disney acquired Lucas Films. The stock closed that week at $34.76. The high Weekly close occurred for the week ending Nov. 20 of this year with a close of $120.07. Continue reading