Disney Stock Gets Kick as Wall Street Rallies Around Iger’s Moves to Defang Activist Investors
Did activist investors light a fire under Bob Iger? Disney shares were up more than 9% in early trading Thursday, to over $108 per share, coming after the Mouse House topped Wall Street earnings expectations for the year-end 2023 quarter (while top-line revenue was slightly below targets). More than the actual quarterly results themselves, investors […]