WIMI - Why Disney Shares Are Trading Higher By Around 6%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of The Walt Disney Company (NYSE: DIS) rose in today’s pre-market trading following the release of quarterly results.
The company reported better-than-expected earnings for its first quarter and declared a cash dividend of 45 cents per share. The company announced a new share repurchase program and said it expects fiscal 2024 earnings of roughly $4.60 per share. Disney also announced a $1.5 billion investment in leading video game company Epic Games.
Disney shares gained 5.9% to $105.00 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Hitek Global Inc. (NASDAQ: HKIT) gained 224.5% to $3.70 in pre-market trading after jumping more than 60% on Wednesday.
- MicroCloud Hologram Inc. (NASDAQ: HOLO) gained 88.1% to $33.85 in pre-market trading after surging 1,100% on Wednesday. The company announced it planned to join the Communications Industry Association.
- Bit Brother Limited (NASDAQ: BETS) shares jumped 71.2% to $3.05 in pre-market trading amid strength in Bitcoin.
- CCSC Technology International Holdings Limited (NASDAQ: CCTG) shares gained 52.1% to $3.94 in pre-market trading after falling 20% ...