Live On CNBC, Jim Lebenthal Announces Bought More Of The Walt Disney Co
Portfolio Pulse from Benzinga Newsdesk
On CNBC, Jim Lebenthal announced he has increased his investment in The Walt Disney Co (DIS), signaling his bullish stance on the company.
May 09, 2024 | 4:33 pm
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POSITIVE IMPACT
Jim Lebenthal's public announcement of buying more shares of The Walt Disney Co could inspire investor confidence, potentially leading to a short-term increase in stock price.
Public endorsements by well-known investors like Jim Lebenthal can lead to increased investor interest and potentially drive up the stock price in the short term. Given Lebenthal's visibility and influence, his decision to buy more shares of DIS on a major platform like CNBC is likely to be taken positively by the market.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90