Shares of Walt Disney (DIS) may be in the dumps the moment.
However, given the history of its stock performance ahead of Star Wars’ releases, you may want to keep an eye on it here.
- Prior to the release of The Force Awakens in December 2015, the stock exploded from $85 to $113.
- Prior to the release of Rogue One in December 2016, the stock ran from $87.50 to $107.
- Prior to the release of The Last Jedi in December 2017, DIS ran from $95 to $110.
Now, with The Rise of Skywalker hitting theaters in December 2019, we could see a similar move in the stock. In fact, we wouldn’t be shocked to see a test of $145 from $130.
Chart from StockCharts.com
It’s just something to keep in mind if you’re hunting for opportunity.