Disney reports £3.61 billion of net GAAP loss in fiscal Q3

The Walt Disney Company (NYSE: DIS) published its quarterly financial results on Tuesday that sent its shares up 5% in extended trading. According to CEO Bob Chapek, Disney will release Mulan online via Disney Plus. At £94 per share, including the gain in after-hours trading on Tuesday, Disney is currently more than 15% down year to date in the stock market after recovering from an even lower £65.62 per share when the impact of COVID-19 was at its peak. Learn more about why prices rise and fall in the stock market. Disney’s Q3 financial results versus analysts estimates According to