The official grand opening for Walt Disney's (NYSE: DIS) new Tron Lightcycle Run won't happen for another two weeks, but the high-speed roller coaster opened to all Magic Kingdom park guests for the first time on Monday morning. Just as with the popular Guardians of the Galaxy: Cosmic Rewind coaster, which opened at Disney World's Epcot last spring, virtual queue reservations will be required to grab a boarding group to experience the shiny new attraction. Guests with existing park reservations for the Magic Kingdom will have a chance to secure a ride time for their party at 7 a.m. from the mobile app.
Disney (DIS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Walt Disney's (NYSE: DIS) Disney+ streaming service has gained subscribers at an incredible pace since it first launched in late 2019. While the core Disney+ service rapidly gained over 100 million subscribers, profits have been hard to come by. The direct-to-consumer segment posted an operating loss of $1 billion in Disney's most recent quarter, almost entirely wiping out profits from the linear networks business.