Activist Investor ValueAct Capital Builds Walt Disney Company Stake

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

Credit Card Readers with Cameras Introduced at Walt Disney World Stores, Police Respond to Woman Knocked Down in Guardians of the Galaxy: Cosmic Rewind Queue, & More: Daily Recap (8/26/23)

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

Disney Stock Hits New 52-Week-Low

Bob Iger below Disney Company sign

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

Disney Stock Rises Back Above $92

The Walt Disney Company building with Seven Dwarfs columns

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

Disney Stock Drops Following Netflix Crash

Disney+ logo

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

Analyst Claims Apple Could Acquire The Walt Disney Company in Volatile Stock Market

The Walt Disney Company logo featuring Mickey Mouse

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