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Stockreport

Disney's choice of parks boss Bob Chapek as new CEO confuses the company's Wall Street narrative [CNBC]

Netflix, Inc. (NFLX)  More Company Research Source: CNBC
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Disney Netflix The story has worked. Disney racked up a whopping 28.6 million paying Disney+ subscribers in its first three months. And its multiple has crept higher — not Netflix high, but higher than its media peers. Disney's forward price-to-earnings ratio is now close to 21. Netflix's is 43. For comparison, ViacomCBS That's why Tuesday's announcement that Bob Chapek Iger's heir Investors were not impressed, sending Disney's stock down about 2% after hours. It's possible Iger had picked Chapek as the company's next CEO years ago. He said Wednesday that he had "identified Bob quite some time ago as a likely successor." But choosing the guy who runs parks over the guy who runs streaming is odd because of the signal it sends to investors. Disney is supposed to be a high-flying technology-based streaming company now. The strategy is working. Not rewarding Mayer, who has spent more than two decades at Disney Iger isn't going anywhere. He will remain Chapek's boss as Disney's chairman of [Read more]

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Stockreport

Disney's choice of parks boss Bob Chapek as new CEO confuses the company's Wall Street narrative [CNBC]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Disney Netflix The story has worked. Disney racked up a whopping 28.6 million paying Disney+ subscribers in its first three months. And its multiple has crept higher — not Netflix high, but higher than its media peers. Disney's forward price-to-earnings ratio is now close to 21. Netflix's is 43. For comparison, ViacomCBS That's why Tuesday's announcement that Bob Chapek Iger's heir Investors were not impressed, sending Disney's stock down about 2% after hours. It's possible Iger had picked Chapek as the company's next CEO years ago. He said Wednesday that he had "identified Bob quite some time ago as a likely successor." But choosing the guy who runs parks over the guy who runs streaming is odd because of the signal it sends to investors. Disney is supposed to be a high-flying technology-based streaming company now. The strategy is working. Not rewarding Mayer, who has spent more than two decades at Disney Iger isn't going anywhere. He will remain Chapek's boss as Disney's chairman of [Read more]

IMPACT SNAPSHOT
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NFLX
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Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS