Disney Stock Jumps (Then Plateaus) on News of Bob Iger’s Return as CEO

We want you to get the most out of your ‘luxury villa’ stay in Solterra, Davenport (near Championsgate and just south of the Disney World Resort area). To help out, we have sourced the following blog post to keep you up to date with news from Walt Disney World Resort. Thanks to the guys over at Blog Mickey for the original post...

After tumbling following a poor fourth-quarter report, the stock price for The Walt Disney Company jumped this morning as investors woke up to the news that former Disney CEO Bob Iger is back at the helm and Bob Chapek is out.

In pre-market trading, the stock jumped 10% (over $101 per share), but in the early minutes of market opening the stock seemed to have plateaued, with investors hesitant to push through $100 per share this morning.

Iger was likely brought in to right the ship. The media side of the company is posting massive losses while the theme parks post record revenues thanks to a jump in per-guest spending due to initiatives such as Disney Genie+. Iger has not announced any initiatives or plans yet but promised to provide more details about his plans today and over the coming weeks as the dust settles.

For more on the reinstatement of Bob Iger, including full copies of his email and a statement from The Walt Disney Company, check out our breaking news reporting from last night!

As always, keep checking back with us here at as we continue to bring you the latest news, photos, and info from around the Disney Parks!

That's all folks!

Well, for this post anyway. To stay tuned to the latest news from around the Orlando area, including Disney World, Universal Studios, SeaWorld and many more attractions, just ‘opt in’ to our weekly newsletter. We won’t spam you and you can opt back out if you ever get tired of news from Orlando. Like that would ever happen?!

Share this post