Previous close | 23.74 |
Open | 23.60 |
Bid | 22.20 |
Ask | 23.65 |
Strike | 90.00 |
Expiry date | 2026-01-16 |
Day's range | 23.40 - 23.60 |
Contract range | N/A |
Volume | |
Open interest | 775 |
Peltz sold his stake after Disney successfully fended off his activist investor campaign.
Walt Disney has one less activist investor to deal with. Trian Partners’ Nelson Peltz has sold his entire stake in the entertainment giant, according to a person familiar with the matter. Peltz sold the stock at around $120 a share, the person confirmed to Barron’s. Disney shares closed down 1.5% on Wednesday at around $100.88.
The hedge fund was Disney's fifth-biggest shareholder with a 1.77% stake as of March 31, according to LSEG data. It sold the stake at close to $120 per share, CNBC reported, adding that Peltz made about $1 billion. Trian declined to comment on the report, while Disney did not immediately respond to a Reuters request for comment.