https://www.cnbc.com/2019/04/12/disney-shares-are-surging-but-some-analysts-are-not-sold-on-the-streaming-service.html

Shares of Disney are on track to hit a 10-year high after the unveil of its new video streaming service, but the platform has some naysayers on Wall Street.

The media giant on Thursday announced its much-anticipated streaming platform Disney+, which will be rolled out on November 12. Disney Chairman and CEO Bob Iger claimed its company's brand name gives an edge over rival streaming service Netflix, which he said is "still" building its brand. Disney's stock surged as high as 12% on Friday, on pace for its best day since May 2009. Netflix shares fell on Friday.