Billionaire activist investor Nelson Peltz sells full Disney stake
Peltz’s hedge fund lost a proxy battle involving the media conglomerate early last month.
Peltz’s hedge fund lost a proxy battle involving the media conglomerate early last month.
The media giant’s hot drop into the realm of Fortnite could be a game-changer for the metaverse, movies and theme parks. It’s an IP world, after all.
Disney’s latest earnings report left Wall Street “incredibly encouraged” after the entertainment king projected its best annual profit since 2018.
The slumping Hollywood titan faces yet another challenge from investors frustrated with the stock’s underperformance.