The's Trading Volume Surges 37.87% to Rank Among Top 90 Stocks

On June 9, 2025, The's trading volume reached 9.09 billion, marking a significant 37.87% increase from the previous day. This surge placed The among the top 90 stocks by trading volume for the day.

Disney has announced significant layoffs across its film and TV divisions, affecting several hundred employees, particularly in marketing and other related departments. This move is part of a broader trend of corporate downsizing, with other major companies also reducing their workforce.

In addition to the layoffs, Disney has agreed to pay an additional $438.7 million to finalize its acquisition of NBC Universal's 33% stake in Hulu. This financial commitment underscores Disney's strategic investments in expanding its streaming services and digital content offerings.

These developments are likely to have a notable impact on The's stock performance, as investors assess the company's cost-cutting measures and strategic investments. The layoffs, while reducing operational costs, may also raise concerns about potential disruptions in content production and marketing efforts. Conversely, the acquisition of Hulu's stake could be seen as a positive move, enhancing Disney's competitive position in the streaming market.