Shares of The Walt Disney Company (DIS) are rising more than 6% Monday morning after the media giant announced that its former Chief Executive Robert A. Iger is returning to the company as CEO, effective immediately.
Iger succeeds Bob Chapek, who has stepped down from his position.
Iger served the company for more than four decades, including 15 years as its CEO.
DIS, currently at $98.14, has traded in the range of $86.28-$160.32 in the last 1 year.
Source: Read Full Article
Lates News:
-
A10 Networks Sinks On Q3 Revenue Outlook Below Street View
-
Ciena Slides On Lower Profit, Revenue Below Estimates In Q3
-
Markets React To The Jobs Data, War Clouds
-
MicroStrategy (Nasdaq: MSTR) CEO: ‘We Seek To Acquire and Hold Bitcoin for the Long-Term’
-
Standard Chartered Sees Bitcoin Breaking 2024 With A Mind-Blowing BTC Moonshot To $100,000 Price