Disney Shares Popping, Holding onto Stock Gains, and the Case for Small Cap Investing 02/09/23
Shares of Disney are popping in the pre-market on the heels of a first quarter top and bottom line beat that showed smaller than expected streaming subscriber losses. UBS’ John Hodulik discusses the company’s massive restructuring plan. Plus, U.S. stocks are struggling to hold onto gains as investors digest more corporate earnings and an onslaught of Fed speak. Principal Asset Management’s Seema Shah dives into what this means overseas. And, the Russell 2000 index is up 10% this year, an outperformer compared to the S&P 500, which is up 7%. Alger’s Amy Zhang makes the case for investing in small caps.
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