Disney Stock Gets Boost from Avengers: Doomsday Release

Benchmark has reiterated its Buy rating on Walt Disney stock, citing mixed summer box office results. The company's performance was marked by both successes and failures, with the post-apocalyptic thriller 'The Dog Stars' losing tens of millions during its theatrical run. In contrast, other releases such as 'Toy Story 5' and 'The Devil Wears Prada 2' were major successes, earning $1.12 billion and $692 million respectively.

The expected release of 'Avengers: Doomsday' in December has provided some optimism for the company's future performance. Meanwhile, Disney is expanding its video game business with new titles such as 'Kingdom Hearts IV' and 'Marvel's Wolverine'. However, the company is also facing legal disputes with the Federal Communications Commission (FCC) over diversity, equity, and inclusion practices.