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What's Next for Disney Stock After Proxy Vote Win—Monitor this Key Chart Level
DisneyDisney(US:DIS) Investopedia·2024-04-04 14:10

Key TakeawaysDisney shares were moving higher early Thursday, after falling more than 3% the previous session, as investors contemplate what lies ahead for the company after winning its proxy vote battle.Shareholders voted to re-elect all 12 of Disney's current board members at the entertainment giant's annual meeting on Wednesday, rebuffing bids from activist investors Trian Partners and Blackwells Capital to win board seats.Disney shares may encounter overhead resistance around $126.50 from the August 202 ...