According to CNBC’s Activist Spotlight, activist investor ValueAct Capital has built a significant stake in The Walt Disney Company and has talked with Disney management. A source also confirmed the news with Bloomberg. ValueAct Capital Building Disney Stake ValueAct, an investment company based in San Francisco, has been building the stake over the summer. ValueAct … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Saturday, August 26, 2023. Walt Disney World EPCOT … Read more
The Walt Disney Company stock dropped to a new 52-week-low this morning, hitting $83.02, down more than 3%. If Disney closes below $84.17, today will be its lowest closing since October 17, 2014. Disney stock has dropped significantly over the past few years, especially during the height of the COVID-19 pandemic and Bob Chapek’s tenure … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Thursday, May 11, 2023. Walt Disney World Magic … Read more
Though The Walt Disney Company’s stock price rose over $100 immediately after the reinstatement of Bob Iger as CEO, it has not remained steady since then. It began dropping in early December, but a month later, it has risen back up to over $92. Only a week ago, Disney stock closed at $84.16, the lowest … Read more
Though stock for The Walt Disney Company jumped to over $100 when Bob Iger took back the position of CEO, it is now dropping once again. Disney stock is already lower than it was on Chapek’s last day when it closed at $91.80. It closed at $84.16 yesterday, December 28, the lowest it’s been since … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, June 14, 2022. Walt Disney World Magic … Read more
Stock for The Walt Disney Company dropped all the way to $100.08 today, May 20, 2022. At the close of the market, it stood at $102.42. It previously closed at $103.15. Last month, the stock hit $119, already the lowest it had been in over a year. The stock eventually dropped to $104.79, before it … Read more
After Netflix announced disappointing subscriber numbers, its stock dropped 21.79% to 397.50 today. As a result, other streaming competitors have also had losses, including The Walt Disney Company. The change comes as a result of shaken confidence in the streaming industry after Netflix failed to reach subscriber growth benchmarks. Investors are nervous, even though Disney … Read more
With The Walt Disney Company taking some major hits in the last week due to the Coronavirus (COVID-19) pandemic, an analyst has suggested that the time may be right for Apple to acquire the company. According to The Hollywood Reporter‘s Georg Szalai, Rosenblatt Securities analyst Bernie McTernan claimed in a research report released on Friday … Read more
After a period of decline, stock of The Walt Disney Company rebounded today on reports of high Disney+ app downloads. At the time of writing, the stock of the media giant is up 1.6% to around $146.02 a share. Downloads of the Disney+ app have neared 41 million after a very strong Q4, which saw … Read more