Here's why investors are so optimistic about this leadership change.
Walt Disney (DIS -0.06%) did a major leadership shake-up recently, removing Bob Chapek as CEO and bringing back the company's former leader Bob Iger. The stock shot higher after the announcement, and in this video, Matt Frankel, CFP®, discusses why investors are so excited and what he's watching.
*Stock prices in this video are as of Nov. 22, 2022. The video was published on Nov. 23, 2022.
Matt Frankel has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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