HomeLifestyleMediaBob Iger Reappointed As Disney (DIS) CEO
Bob Iger Reappointed As Disney (DIS) CEO

Bob Iger had been reappointed as CEO of Disney (DIS). Alex Coffey and Jenny Horne discuss this as Bob Chapek stepped down after 2 years as CEO. They talk about how Disney has been underperforming and is looking to cut costs. They go over how Iger agreed to return for 2 years to mandate plans for development of a successor. They then note that Moffett Nathanson upgraded DIS to outperform from market perform. Alex then demonstrates an example trade using Disney. The trade type is buy a call diagonal and the direction is bullish. Tune in to find out more about the stock market today.

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