SPOT - What's Going On With Disney Stock Wednesday? | Benzinga
Walt Disney Co (NYSE: DIS) stock is trading higher Wednesday as reports indicate activist investor ValueAct has been building a stake in the company.
ValueAct Capital began buying Disney in 2023 summer during the Hollywood strikes, and it is now one of the largest shareholders, CNBC cites Activist Spotlight.
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ValueAct notes that Disney's theme parks and consumer products businesses and their $10 billion in EBIT are alone ...