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Disney Latest News And Technical Analysis - Capital Street FX

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  DISNEY BRINGS BACK BOB IGER AS CEO IN A BID TO BOOST GROWTH Bob Iger is returning to Walt Disney (NYSE: DIS) Co. as chief executive less than a year after he retired, a surprise comeback that coincides with the entertainment company’s attempt to boost investor confidence and profits at its streaming media unit. Iger, who retired last year after 15 years as chief executive, has agreed to serve as CEO for two more years effective immediately, Disney said in a statement late on Sunday. He will replace Bob Chapek, who took over as Disney CEO in February 2020, just as the COVID-19 pandemic hit, leading to parking closures and restrictions on visitors globally. Disney’s shares have fallen more than 40 percent so far this year, lagging the nearly 7 percent year-to-date drop in the broader Down Jones Industrial Average. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through th...

WHY DO STOCK PRICES CHANGE WHEN MARKET IS CLOSED?

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  The prices of stocks are fluid and constantly changing. The price that you see at any point of the day is the last traded price of the stock/share. Stock exchanges facilitate trade in stocks by matching sellers with buyers and buyers with sellers. You may have noticed that stock prices change even when the market is closed. In this article, we will analyze why this phenomenon occurs. The rise of after-hours trading (AHT) has had a significant impact on the stock prices even after the closing and opening bell. This is because the transactions are happening even after the closing bell is rung. This (AHT) moves stock prices when the market is closed. HOW DOES AFTER-HOURS TRADING (ATH) AFFECT STOCK PRICES? After-hour trading (ATH) occurs after regular market hours. Here the exchange matched potential buyers and sellers.  ATH is more volatile and riskier as the trading volume and liquidity is much lower than during regular hours. The opening price of a stock may be quite differen...