NEW YORK CITY, New York: Walt Disney shares closed at their lowest level in nearly nine years, falling 3.9 percent this week.
Some investors have voiced concern about further price drops in the next few months, with Disney stockholders scrutinizing the company's turnaround plan, despite CEO Bob Iger pledging a mix of price hikes across its streaming properties, more ads and cost cutting measures.
According to data from options analytics firm Trade Alert, Disney options saw some 321,000 contracts traded, or 1.4 times the average daily ...
Source: India Gazette
