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Disney shares inched higher in pre-market trading on Tuesday morning, as investors focus on who will succeed CEO Bob Iger.
The media giant’s stock edged up 0.14% as of 7:05 a.m. ET. It shed 7% on Monday after reporting before the bell that its experiences division, including theme parks, resorts, and cruises, crossed over $10 billion in quarterly revenue.
The company’s overall revenue was roughly $26 billion, up 5% yearly, and beating Wall Street’s expectations of $25.7 billion.
The Disney board is meeting this week and is expected to vote on its next CEO, according to people familiar with the matter who spoke on the condition of anonymity about internal matters.
