Disney Stock Fall Due to CEO Resignation

Shares of Disney fell about 2.5% after hours.

Every one love Disney movie. Bob Iger will step down as Disney CEO and assume the role of executive chairman, Disney announced Tuesday.

I love this their products and film and sure to known to the kids this days. Film like :-
1. Maleficient
2. Frozen 1, 2
3. Toy Story
4.WRECK it Ralph (one of my best movie!)
5. Brave
6. Tangled
7. Tarzan 1999

These are among their products which we grow with all along those movies. When something like this happen like CEO resignation will always brings the bad impact to the stock. It is very sensitive towards the movement of the company.

By holding a short position upon the event, could be benefit among the investor in a short run. Stock normally tends to support by positive movement and positive goal run from the company. Bob has build a reputation along his career. So people that believe in him will always support the company share price. We might see Disney stock slump until the confident among investor build. This will take some times to recover since it is just beginning of a slump.


By Zezy Zaza