Home Finance Disney shares advance as Iger contract extended and more stocks on the move

Disney shares advance as Iger contract extended and more stocks on the move

by CoinNews

Here are some of the biggest movers of the day:

Stock gainers:

The Walt Disney Co.‘s
DIS,
+0.74%
stock rose 1%. The company’s board extended Chief Executive Bob Iger’s contract for two more years through December 2026.

Stock decliners:

Shares of MillerKnoll Inc.
MLKN,
+3.39%
dropped by as much as 6% in the extended session on Wednesday after the furniture and furnishings maker reported quarterly sales that dropped 13%, saying that the macro-economic environment continues to be challenging for its higher-end products.

ViaSat Inc. shares
VSAT,
-1.67%
were moving 20% lower after the communications company disclosed an issue with one of its satellites that could materially impact its performance.

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