What's Going On With Walt Disney Stock?

Walt Disney Company DIS shares are trading lower Wednesday, and the company has made several announcements this week.

What To Know:

Disney announced on Monday that Disney+ subscribers will be able to stream its content on the Apple, Inc. AAPL Apple Vision Pro spatial computer at no additional cost.

"At Disney, we're constantly searching for new ways to entertain, inform, and inspire by combining exceptional creativity with groundbreaking technology to create truly remarkable experiences," said Bob Iger, CEO of The Walt Disney Company.

"Apple Vision Pro is a revolutionary platform that will bring our fans closer to the characters and stories they love while immersing them more deeply in all that Disney has to offer. We're proud to once again be partnering with Apple to bring extraordinary new Disney experiences to people around the world."

In addition, Walt Disney disclosed in a regulatory filing that CEO Robert Iger’s total compensation for 2023 totaled $31.59 million, more than double his compensation of about $15 million in 2022.

Also this week, Disney noted that its board does not endorse the nominations of Nelson Peltz and James Rasulo put forth by Trian Fund Management.

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DIS Price Action: According to Benzinga Pro, Walt Disney shares are down 1.44% at $91.71 at the time of publication.

Image by Pexels from Pixabay