Diamonds and Dogs
Disney (DIS) and Netflix (NFLX) up for different reason. Disney is higher by 2% after releasing their new movie "Shang-Chi" in theaters only. The movie grossed $90 million world-wide. So far this year, Disney had been releasing new movies in theaters and through their streaming platform. Netflix is up 3% on an upgrade. The analyst expects new subscriber additions in the coming months ahead of a busy period of premieres of new movies and TV series.
The reopening stocks are taking a hit. Boeing (BA) is down 2% not far from a six-month low as their largest European customer for the 737 Max, Ryanair walked away from talks to buy more planes.
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