Diamonds and Dogs
What's new is old. Disney (DIS) is jumping 5% as the board of directors fire the current CEO after just two years to bring back their previous CEO of 15 years, Bob Iger. The board at Disney reached out to Bob Iger on Friday as senior leadership had growing concerns with CEO Chapek's management of the company. Chapek and his inner circle were caught off guard by the news, which broke Sunday night.
DraftKings (DKNG) drops 9% on concerns of customer accounts being hacked over the weekend, mentioning at least three customers having unexplained withdrawals from their DraftKings user accounts.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.