Disney stock tops $90 a share, a new high

Disney stock tops $90 a share, a new high

Walt Disney Co. stock is trading at all-time highs.

Shares of the Burbank entertainment giant closed Tuesday up 12 cents to $90.09 a share. It was the first time in more than 15 years that the stock ended a trading day above $90 a share.

Back in the 1980s and '90s, Disney shares traded above $100 -- but that was before a series of stock splits established new adjusted levels.

On Monday, Disney shares reached $90.37 during intra-day trading. That set a 52-week high for the company.

The stock has increased 18% since January.

Investors approve of Chief Executive Bob Iger's stewardship of the company.

Disney shares also got a boost earlier this month when...