DIS Jun 2024 130.000 put
| Previous close | 26.65 |
| Open | 26.75 |
| Bid | 26.40 |
| Ask | 27.00 |
| Strike | 130.00 |
| Expiry date | 2024-06-21 |
| Day's range | 26.65 - 26.75 |
| Contract range | N/A |
| Volume | |
| Open interest | 3 |
Associated Press FinanceDisneyland character and parade performers in California vote to join labor union
Disneyland performers who help bring Mickey Mouse, Cinderella and other beloved characters to life at the Southern California resort chose to unionize following a three-day vote culminating on Saturday. The Actors’ Equity Association labor union said in a statement Saturday that cast members for the parades and characters departments at Disney's theme parks near Los Angeles voted by a wide margin for the union to become the bargaining agent for the group of roughly 1,700 workers. An association website tracking the balloting among cast members indicated passage by 78.7% (953 votes) in favor and 21.3% (258 votes) opposed.
- Yahoo Finance Video
Booking Holdings versus Disney: Why only one is a buy
Consumers are increasingly becoming choosier about where they are spending their dollars. One arena that could see an impact is leisure spending. In the latest edition of Good Buy or Goodbye, Main Street Research Chief Investment Officer James Demmert says Booking Holdings is a stock worth adding to your portfolio, while Walt Disney may be one you want to skip. Demmert likes Booking Holdings (BKNG) because of its growth and "consistent" high profit margins. Demmert argues the company has built a "moat" around its business model, building up a "hard-to-penetrate market share." He also notes it has a good valuation. What would make Demmert have concerns about the stock? A recession or pandemic. On the flip side, Demmert is not a fan of Disney (DIS). One of his big concerns is management, specifically that current CEO Bob Iger may be unable to fix the damage done by former CEO Bob Chapek. Demmert is also concerned about the amount of money being spent on content and thinks the stock is overvalued. He says a couple of things could turn Disney into a buy — a change in strategy or the company becoming a takeover target. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
- Reuters
TV companies flaunt ad tech and AI to persuade advertisers to spend
Television "upfront" advertiser presentations this week in New York City were hardly about TV at all. The annual week-long affair where media executives have traditionally pre-sold TV advertising featured many familiar trappings: pop stars Alicia Keys and Billie Eilish dazzled packed auditoriums with live performances; celebrities Kevin Hart, Reese Witherspoon and Ryan Reynolds hawked their latest projects, and Super Bowl star Tom Brady joined other pro athletes on stage. But it was ad tech and artificial intelligence that was getting all the attention.
