Increased angst over COVID-19 lockdowns in China and rare protests against the government is weighing down the broader stock market rally.
Disney earlier this month purchased the remaining stake in BAMTech from Major League Baseball for $900 million, the company said in a SEC filing. Previous to the transaction, streaming technology services provider BAMTech was owned 85% by Disney and 15% by Major League Baseball (MLB).
It's fair to say that many next-gen traders fancy speculative and low-priced growth stocks over blue chips. It's part of the art when you're swinging for the fences. However, you may be surprised to learn that Walt Disney (NYSE: DIS) is one of the 10 most widely held stocks on the Robinhood Markets (NASDAQ: HOOD) platform.