Geopolitics Alpha

Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings

Published . Updated .

Covered by 2 outlets: Los Angeles Times, Bloomberg.

Who covered it: Lean Left 1 / Center 1. How we rate outlets

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GEOPOLITICS ALPHADisney Plans Thousands of Layoffs,Targeting 20% Cost SavingsDISGEOPOLITICS ALPHA

This report does not map to a usual set of affected companies.

Directly affected

  • DIS Walt Disney+10.4% 30d

    Named in this report.

Indirectly affected

  • XLY Consumer Discretionary Select Sector SPDR+5.7% 30d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that The Walt Disney belongs to, so it often moves with news about it.

  • DKNG DraftKings+19.3% 8d

    DraftKings is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • MSGS Madison Square Garden Sports-4.3% 14d

    Madison Square Garden Sports is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • MTN Vail Resorts+13.2% 30d

    Vail Resorts is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • RSI Rush Street Interactive-40.2% 30d

    Rush Street Interactive is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • MSGE Madison Square Garden Entertainment-5.7% 10d

    Madison Square Garden Entertainment is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
DIS-2.56%-1.97%base+4.34%+2.68%+2.20%—
XLY-2.29%-1.67%base+4.27%+0.01%+0.19%—
DKNG-4.75%-5.00%base+6.20%+7.31%-15.69%—
MSGSNo price data for this ticker———————
MTN-2.23%-0.23%base+3.95%+3.29%+3.42%—
RSI+35.03%+19.49%base-1.59%-5.14%-2.07%—
MSGE-0.59%+1.99%base-2.50%-4.87%-2.95%—

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Disney plans thousands of layoffs, targeting 20% cost savings Los Angeles Times

Source: Los Angeles Times

This story

CompanyWhenMoveStatus
DISthat day+4.34%final price
DISthe next day+2.68%final price
DIStwo days later+2.20%final price
DISthree days earlier-1.97%final price
DISfive days earlier-2.56%final price
DKNGthat day+6.20%final price
DKNGthe next day+7.31%final price
DKNGtwo days later-15.69%final price
DKNGthree days earlier-5.00%final price
DKNGfive days earlier-4.75%final price
MSGEthat day-2.50%final price
MSGEthe next day-4.87%final price
MSGEtwo days later-2.95%final price
MSGEthree days earlier+1.99%final price
MSGEfive days earlier-0.59%final price
MTNthat day+3.95%final price
MTNthe next day+3.29%final price
MTNtwo days later+3.42%final price
MTNthree days earlier-0.23%final price
MTNfive days earlier-2.23%final price
RSIthat day-1.59%final price
RSIthe next day-5.14%final price
RSItwo days later-2.07%final price
RSIthree days earlier+19.49%final price
RSIfive days earlier+35.03%final price
XLYthat day+4.27%final price
XLYthe next day+0.01%final price
XLYtwo days later+0.19%final price
XLYthree days earlier-1.67%final price
XLYfive days earlier-2.29%final price

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100

“Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings” scores 25 out of 100. The score uses 2 sources.