Bob Iger Returns to Disney

This is a fairly slow day on Wall Street and the start of a week that should also be pretty slow. The market is down a little bit; so far, not too much. For such a tepid day, there’s a big gap between high beta and low vol. In other words, the riskier stocks are down big today while many of the conservative stocks are holding up well. Our Buy List is also having a good day. Many of the big energy stocks are down by 3% or more.

The big news is that Bob Iger is coming back to Disney to replace Bob Chapek. Disney has been run by Chapek since February 2020, and the stock has not done well. Over that time, the S&P 500 is up 28% and Disney is down 25%. Disney is up 9% today.

Posted by on November 21st, 2022 at 11:39 am


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