Disney stock edges higher in afternoon trade — what to watch before Feb. 2 earnings
Disney shares rose 0.7% to $111.81 in Monday afternoon trading as investors awaited a Federal Reserve decision and a wave of earnings reports. Wall Street expects Disney to report an 11.4% profit drop and a 5% revenue increase for the December quarter on Feb. 2. Media stocks were mixed, with Netflix down 0.2% and Comcast up 0.6%.