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
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The Walt Disney Company had a lot of reasons to celebrate today as the company’s stock price jumped more than 4% and closed at $184.38 a share, the highest the stock has been since early May. The stock opened this morning at $177.71 a share and grew steadily throughout the day, nearly hitting $185 a
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
One year ago Disney’s stock price was tumbling on an hourly basis as the entirety of the US stock market crashed as Covid-19 fears swept the world. Disney rebounded quickly and have hit all-time record high stock prices a half of a dozen times in the last six months. While the company did not hit
Let’s just cut to the chase, the stock market is loving Disney right now and it is showing up in their stock price. Once again Disney’s stock price hit an all-time high today, breaking $180 a share for the first time and peaking at a new record high of $183.40 earlier on Wednesday 12/30. While
Over the past few weeks Disney’s stock price has been doing great. In fact, we’ve posted about it several times here at The DisInsider. Good news about Covid-19 vaccines have buoyed the stock on a seemingly weekly basis. This, coupled with impressive Disney+ subscriber counts, has not only kept the DIS stock above water, but
Here is the final part of our three part series. The italicized intro is from yesterday, followed by questions 7-9 (and a bonus). This Thursday The Walt Disney Company will make their annual presentation to their investors at their “Investor Day 2020.” While Disney tends to make its splashiest and more exciting announcements regarding theme
