EURODISNEY-SHAREHOLDERS/ REUTERS/Gonzalo Fuentes
- Disney is set to report third-quarter earnings after the closing bell Tuesday.
- Millennial investors were snapping up shares ahead of the release, with 65,000 investors on Robinhood holding the stock.
- Investors will be looking for details about its proposed $ 71 billion buyout of 21st Century Fox.
- Follow Disney’s stock price in real-time here.
Disney’s proposed $ 71.3 billion acquisition of 21st Century Fox is sure to be the focus of Tuesday’s earnings report from the entertainment giant — and millennial investors seem to be optimistic.
Ahead of the company’s third-quarter earnings numbers after the closing bell, investors on the stock-trading app Robinhood who owned Disney totaled 65,744. That’s up more than 2.5% since July 2, when 64,137 held the stock, and well outside its usual weekly moving average of 600 since Business Insider first began tracking the data in late-June.See the rest of the story at Business Insider
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SEE ALSO: 21st Century Fox deal approved by Disney shareholders
