Previous close | 37.93 |
Open | 40.30 |
Bid | 38.75 |
Ask | 39.80 |
Strike | 90.00 |
Expiry date | 2025-06-20 |
Day's range | 40.00 - 40.75 |
Contract range | N/A |
Volume | |
Open interest | 1.63k |
Walt Disney (DIS) and the Central Florida Tourism Oversight District (which replaced the Reedy Creek Improvement District) have reached a settlement. Disney and the CFTOD board, appointed by Florida Governor Ron DeSantis, had been fighting in the courts over control of the district. The feud stems from Disney's opposition to Florida's passage of the so-called "Don't Say Gay" bill, which was backed by DeSantis. In the video above, Yahoo Finance Senior Columnist Rick Newman discusses the settlement and DeSantis's political future. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Stephanie Mikulich.
Proxy advisory firm Egan-Jones recommended shareholders vote for Peltz, of Trian Fund Management, to join Disney's board.
The New York City Retirement System plans to vote in support Walt Disney CEO Bob Iger and the company's board, rejecting the nominees of two hedge funds, including Nelson Peltz's Trian, in a bruising boardroom battle. The retirement system, a Disney shareholder, said the entertainment giant should get more time to achieve the strategic transformation it is working on with its Chief Executive Officer Bob Iger. Shareholders will vote next week on who should sit on the company's board, and Disney and the two hedge funds are making final appeals to investors for their votes.