Disney stock gains 7% as cost-cutting target reaches $7.5 billion, subscribers surge
stock rose as much as 7.5% on Thursday after reporting results that were better than expected, with the company adding more streaming subscribers than forecast and raising its targeted cost cuts for this year. The company said after the bell on Wednesday it now expects annual cost cuts to total…
#q3 #disney #cfo #comcast #hulu #bobiger #disneyentertainment #espn #nelsonpeltz #iger