Bob Iger’s Return Rallies Disney Stock as Wall Street Shows Cautious Optimism

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Bob Iger’s Return Rallies Disney Stock as Wall Street Shows Cautious Optimism
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Investors are looking for a new streaming strategy from the returning exec, but Iger will likely still need to keep price increases and some facets of Bob Chapek's plans.

The share price reflects the largely positive sentiment on Wall Street to Iger, as investors look to the veteran executive to make a series of decisive actions to help turnaround the company, with a particular eye to Disney’s potential

buyout of Comcast’s stake in Hulu. Analysts say this is likely the easiest early action Iger can take, as some caution that the returning CEO may face challenges in undoing several of the changes already enacted by former CEO Bob Chapek.

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