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Barchart
Wajeeh Khan

Is Disney Stock a Buy, Sell, or Hold on New Abu Dhabi Theme Park Plans?

Disney (DIS) shares are up more than 10% on Wednesday, May 7, after the entertainment giant announced plans of building its next theme park in the United Arab Emirates. 

The company has picked Abu Dhabi as the destination for a new Disneyland theme park as UAE is “the crossroads of the world,” said Bob Iger, its chief executive, in a CNBC interview today. 

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