Disney shares rose Monday morning all thanks to the confidence exhibited by Daniel Loeb. Loeb is the Chief Executive of Third Point LLC, an NYC-based hedge fund that previous sold off company shares during the pandemic. But, in what may not seem like an unprecedented purchase, Loeb purchased nearly $1 billion of Disney stock Monday
Loading
All posts tagged in disney stocks
Talk about cashing out… According to a regulatory filing late Thursday night, Former Disney CEO Bob Iger – and current Chairman – has sold off an estimated $98.7 million worth of company shares. With Iger slated to retire at the end of the year, the move might seem shady, but according to The DisInsider’s legal
This is the second Monday in a row that we have woken up to positive news concerning a potential COVID-19 vaccine. This week it was from the pharmaceutical company Moderna who announced that early data shows their vaccine to be 93% effective. This followed last Monday’s news from Pfizer that their vaccine had a 90%
As the future of the movie theater industry – and moviegoing as a whole – becomes increasingly uncertain, all eyes have turned to streaming services. Not only do they offer the easiest way to consume content, but they also encourage the safest way to consume it amid the ongoing global pandemic. For those reasons, one
