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Stock impact report

Disney Stock Slides Despite Strong Earnings as Investors Look Ahead to CEO Succession [Yahoo! Finance]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Reports emerged over the weekend that Iger is planning to leave before his contract expires, with Experiences chief Josh D'Amaro reportedly a likely successor. Disney shares were down sharply this morning, leading decliners in the Dow Jones Industrial Average. Disney shares fell sharply Monday morning, despite a better-than-expected quarterly earnings report, as investors assessed reports about the company's CEO succession plans. The Walt Disney Company ( DIS ) early today reported fiscal first-quarter results that topped Wall Street estimates on the top and bottom lines. The results came after reports over the weekend said that CEO Bob Iger will be stepping down earlier than expected, with a decision on his replacement coming soon. The Wall Street Journal reported that Iger has told people close to him that he plans to step down before his contract is up at the end of 2026, with Bloomberg reporting Sunday that Disney Experiences Chairman Josh D'Amaro is a likely choice to su Show less Read more
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