Walt Disney (DIS) Recasts Its Tech Leadership, Is The Stock 24% Below Fair Value?

Walt Disney (DIS) just rewired its leadership around technology and streaming, appointing former Character.AI chief Karandeep Anand as its first group-wide Chief Technology Officer and elevating Adam Smith to oversee the direct-to-consumer business. The leadership reshuffle comes at a time when Walt Disney’s recent share price return has been weak. The stock is down 3.98% over the past 30 days and 8.21% year to date. A 3-year total shareholder return of 30.33% contrasts with a 5-year total…Read More