What's Going On With Walt Disney Stock?
Portfolio Pulse from Erica Kollmann
Walt Disney Company (NYSE:DIS) shares are trading lower despite announcements including Disney+ content streaming on Apple's (NASDAQ:AAPL) Apple Vision Pro at no extra cost, CEO Bob Iger's 2023 compensation doubling to $31.59 million, and the board's rejection of Nelson Peltz and James Rasulo's nominations by Trian Fund Management.
January 17, 2024 | 3:36 pm
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NEGATIVE IMPACT
Walt Disney shares are down despite new streaming capabilities on Apple Vision Pro and CEO's increased compensation.
The decline in DIS shares could be due to concerns over increased executive compensation and skepticism about the impact of the new streaming service on revenue. The board's rejection of Trian's nominees may also contribute to uncertainty.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Apple partners with Disney to offer Disney+ streaming on Apple Vision Pro, potentially increasing user engagement.
The partnership with Disney to stream content on Apple Vision Pro could be seen as a positive development for Apple, potentially increasing user engagement and expanding the ecosystem.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50